SHARE

Invisible Hand is something which cannot be seen with our eyes. For example,
if a house is surrounded by the tree, it is then invisible from the road. ‘Hand’
means a kind of physical strength or a force with which we do many things.
Invisible Hand is an unseen means of doing something. In economics, we define
Invisible Hand of market force as the unseen force of the market mechanism to
help determine the social demand and social supply of the goods and services at
the market price. Buyer would like to offer the market price for a consumer
goods and the seller would like to accept. The Invisible Hand is essentially a
natural phenomenon that guides the free market and capitalism through
competition for scarce resources. As the Invisible Hand resolves many more
economic problems than we can think of, we do not need much of a government
intervention as a guide for the economy

GDE Error: Error retrieving file - if necessary turn off error checking (404:Not Found)