Quantcast

Got Homework?

Connect with other students for help. It's a free community.

  • across
    MIT Grad Student
    Online now
  • laura*
    Helped 1,000 students
    Online now
  • Hero
    College Math Guru
    Online now

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

Gabylovesyou Group Title

@DollyAcquah

  • 5 months ago
  • 5 months ago

  • This Question is Closed
  1. Gabylovesyou Group Title
    Best Response
    You've already chosen the best response.
    Medals 1

    In the following statement, Adam Smith comments on the individual who uses domestic industry and labor. Use Smith's statement to answer the question below: "...he intends only his own security... he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." Source: An Inquiry into the Nature and Causes of the Wealth of Nations How does Smith's view of the economy expressed in this excerpt compare to Owen's? Both believe individuals acting in their self-interest will lead to economic equality. Both believe individuals acting in their self-interest will lead to economic inequality. Smith believes individuals acting in their self-interest will lead to the maximum social benefit, while Owens does not. Owens believes individuals acting in their self-interest will lead to the maximum social benefit, while Smith does not.

    • 5 months ago
  2. DollyAcquah Group Title
    Best Response
    You've already chosen the best response.
    Medals 1

    I think it's "Smith believes individuals acting in their self-interest will lead to the maximum social benefit, while Owens does not. "

    • 5 months ago
    • Attachments:

See more questions >>>

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.