The invisible hand refers to the government, while the visible hand refers to the market.

When the "invisible hand" guides economic activity, prices of products reflect

中国大学MOOC: The invisible hand works to promote general well-being in the economy primarily through

In the video, besides the 'invisible hand', other two economic concepts are discussed:[br][/br] 3) ____________ and 4) _____________

The economist Adam Smith argued powerfully for Laissez-faire in his great work The Wealth of Nations (1776) and described it as “the invisible hand”.

18. Invisible hand is a term used by the economist ______ to describe how the decisions of households and firms lead to desirable market outcomes.

What is the invisible hand in the market economy? A: government policies B: supply and demand C: business cost D: efficiency and innovation

The self-interest of the participants in an economy is guided into promoting general economic self-interest by A: oilkonomos B: market power C: government intervention D: the invisible hand

The mechanism regulating the normal operation of the market economy - invisible hand is ( ). A: the role of the national government’s macro-control B: the regulation of market mechanism on resource allocation

The invisible hand works to promote general well-being in the economy primarily through A: government intervention. B: the political process. C: people’s pursuit of self-interest. D: altruism.