the graph shows an early economic theory known as the \invisible hand.\ which best describes the idea behind…

the graph shows an early economic theory known as the \invisible hand.\ which best describes the idea behind the \invisible hand\? producers decide what to make for consumers, which guides the economy. individuals seeking their own self - interest benefit the economy as a whole. government sets policy for producers and consumers, which guides the economy. consumers decide what they need and want to buy, which guides the economy.

the graph shows an early economic theory known as the \invisible hand.\ which best describes the idea behind the \invisible hand\? producers decide what to make for consumers, which guides the economy. individuals seeking their own self - interest benefit the economy as a whole. government sets policy for producers and consumers, which guides the economy. consumers decide what they need and want to buy, which guides the economy.

Answer

Brief Explanations:

The "invisible hand" is an economic concept by Adam Smith. It posits that individuals, in pursuing their self - interest (like producers making what consumers want and consumers buying what they need), unintentionally contribute to the well - being of the overall economy.

Answer:

Individuals seeking their own self interest benefit the economy as a whole.