A metaphor used to illustrate how an individual pursuing his own interests also tends to promote the good of the community.
A)Agency theory
B)Angel investor
C)Invisible hand
D)Perks or perquisites

Question

Quizplus · Accepted Answer

The metaphor of the "invisible hand" was popularized by economist Adam Smith in his book "The Wealth of Nations" to describe how individuals pursuing their own self-interest in a free market economy unintentionally benefit society as a whole. The idea is that as individuals produce goods and services in the pursuit of their own profit, they create value for others, generate employment opportunities, and spur economic growth, all of which contribute to the well-being of the community.

A Metaphor Used to Illustrate How an Individual Pursuing His