Question

Adam Smith believed that countries would prosper if business people were free to start and run their own businesses. Business people would make a profit by providing the goods, services and ideas that others in the economy wanted, and they would hire others to help increase those profits, leading to social and economics benefits for many. This idea was called the _________.

Answer 1

invisible hand

Step-by-step explanation:

Invisible hand -

The term is was introduced by the well known thinker Adam Smith , in many of his work .

According to the term invisible hand , it is basically a metaphor , which gives the meaning of some invisible forces which is capable to move the economy of the market .

Hence , from the question ,

The idea given in the question is of the invisible hand .