Adam Smith believes the Invisible Hand is an inferior method of coordinating economic activity.
The invisible hand guides individuals to act cooperatively in the production of goods and services efficiently and at low cost.
The invisible hand can control the mix of goods and services produced in an economy so only those services valued by people more than the cost of production are produced and those whose costs exceeds the value to individuals are not produced.
Adam Smith believes the Invisible Hand is an inferior method of coordinating economic activity.
The invisible hand guides individuals to act cooperatively in the production of goods and services efficiently and at low cost.
Adam Smith believes the Invisible Hand is an inferior method of coordinating economic activity.