Question

Whawhat is smiths concept of the invisble hand?

Answer 1

What* sorry lol

Answer 2

People produce things for a selfish reason: to make money. But they contribute to the betterment of society because other people get to use their products. So even if a company is just in it for the money, they better society. If their product doesn't better society, it won't sell. That's what Smith calls in invisible hand.

Answer 3

Thank u so much!