Polıtıcal Thought Deneme Sınavı Sorusu #1287071

Which philosopher defines the functioning of the economy with the metaphor of "invisible hand"  as it occurs spontaneously in the direction of supply and demand?


Karl Marx

Mikhail Bakunin

Peter Kropotkin

Max Stirner

Adam Smith


Yanıt Açıklaması:

The functioning of the economy occurs spontaneously in the direction of supply and demand. Adam Smith, in his wellknown definition, described this situation with the metaphor of “invisible hand”. It determines the processes such as investment, production and distribution, supply and demand. Prices are also in line with the market’s own parameters.

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