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Polıtıcal Thought
Polıtıcal Thought Deneme Sınavı
Polıtıcal Thought Deneme Sınavı Sorusu #1287071
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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