Sociology, asked by santoshnagar36, 10 months ago

what is meant by the phrase ' invisible hand ' ??????​

Answers

Answered by mudavathsaroja
3

Explanation:

Definition of 'Invisible Hand' Definition: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'.

Answered by anushkasarkar5
3

Answer:

Definition of 'invisible hand'

Definition :- The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the 'Invisible hand'.

Description :- The phase 'invisible hand' was introduced by Adam Smith in his book 'The wealth of Nations.

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