on the basis of writing in Wealth of Nations what do you think Smith's central idea about what makes the economy functional

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Geography

Georgia Cowan

10 December, 18:43

on the basis of writing in Wealth of Nations what do you think Smith's central idea about what makes the economy functional

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Krista · Answer 1

The central thesis of Smith's "The Wealth of Nations" is that our need to fulfill self-interest results in prosperity. Smith believed that people promote public interest through economic choices-a free-market force that became known as the "invisible hand."