justneedhelp9 justneedhelp9
  • 19-02-2020
  • Social Studies
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What is the takeaway from the invisible hand concept

Respuesta :

Cheerleader2001
Cheerleader2001 Cheerleader2001
  • 21-03-2021

Answer:

The invisible hand is the concept that economies work best without direct governmental control or planning. Supporters of the invisible hand approach believe that if the economy is left alone, it will regulate itself in most cases. Individual buyers and sellers will act according to what is in their own best interests.

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