Adam Smiths Invisible Hand
Page 41 questions 2-5, 7 and 9 2) Honoring tradition, because Traditional Economies are based on customs and beliefs of its people, aka cultural things, which is often a tradition. 3) Economic decisions in a command economy are made from government officials considering the resources and needs of the country and distribute resources based on their judgment. 4) Consumers can spend their money as they […]