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Summarize. Why does Adam Smith believe the butcher does his job (EXPLAIN!
Don't just say "self-interest!")?


Sagot :

Final answer:

Adam Smith argued that self-interested individuals ultimately benefit society through their actions in a free market economy.


Explanation:

Adam Smith believed that individuals, motivated by self-interest, inadvertently contribute to the public interest through their actions in a free market economy. He introduced the concept of the 'invisible hand,' where individuals pursuing personal gain unintentionally benefit society at large.


Learn more about Adam Smith's beliefs on self-interest and the public interest here:

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