What group was least helped by Adam Smith's "invisible hand"? A. Consumers who had access to inexpensive goods B. Factory owners who engaged in foreign trade C. Working-class people employed by unregulated businesses D. Middle-class people who held white-collar jobs

Respuesta :

The book was specifically about the positive things that came from industrial capitalism, meaning that working class people were completely unhelped by this book seeing as it empowered the owner of the giant factory (or wherever) they worked at. So that means the answer would be C.

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The group of working class people employed by unregulated businesses was the group that was least helped by Adam Smith's "invisible hand".  

Who are the working class people?

The socioeconomic phrase "working class" is used to refer to people who work in positions with low income, little skill requirement, or physical labor. Working-class jobs typically have lower educational requirements.

Who was Adam Smith?

Scotland's Adam Smith was a philosopher of the 18th century. He is revered as the founding figure of modern economics. The Wealth of Nations, written by Smith in 1776, is his most well-known work. Philosophers, writers, and economists of the 20th century analyzed Smith's writings.

What was the "invisible hand"?

Adam Smith, a Scottish philosopher and economist, popularized the metaphor of the "invisible hand" to describe the processes by which positive social and economic consequences may result from the collective self-interested acts of individuals, none of whom intend to produce such outcomes.

To learn more about Adam Smith here:

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