Asked by Ashley Schultz on May 03, 2024
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What is Adam Smith's "invisible hand"?
Adam Smith
An 18th-century Scottish economist and philosopher known as the father of classical economics, best known for his works "The Wealth of Nations," which outlines the basis for free market economics.
Invisible Hand
A term used by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest can lead to beneficial social outcomes.
- Acquire an understanding of and critically assess different theories on the relationship between the mind and the body.
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Learning Objectives
- Acquire an understanding of and critically assess different theories on the relationship between the mind and the body.
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