Login
Login
Register
Questions
Unanswered
Tags
Categories
Ask a Question
Ask a Question
What do you understand by the phrase Invisible Hand?
+2
votes
asked
Jan 5, 2019
in
Social Science
by
kratos
What do you understand by the phrase Invisible Hand?
the market as a social institution
perfect competition
the theory of the firm
spectrum of light
class-10
icse
class-12
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
+4
votes
answered
Aug 7, 2020
by
kratos
Best answer
The phrase Invisible Hand
Proposed by Adam Smith
Individual transactions & own self-interest leads to looking after the interests of all, referred as unseen force.
Please
log in
or
register
to add a comment.
Related questions
In which circumstances compulsory dissolution is happen?
A, B and C’s profit sharing ratio is 1 : 2 : 2. Before debiting realization loss partners capital account balance are Rs 3,000 (Dr.),
”There is a difference between dissolution of partnership and partnership firm.” Explain this statement.
Explain Garner V/S Murray rule.
At the time of dissolution of the firm, partners capital Rs 20,000, liabilities Rs 15,000 and cash balance