Which important economic concept dealing with the self-regulating nature of the marketplace is attributed to adam smith?

a.) welfare capitalism
b.) the invisible hand
c.) laissez faire
d.) conspicuous consumption

Which of these marketing methods henry ford sell the model t to many people who had never before owned a car? a) offering free maintenance on cars for a full year b) airing television commercials with memorable slogans c) advertising with the new communication outlets such as radio d) offering many different colors and models for buyers to choose from

Washington said that the united states would be "friendly and impartial" in regard to foreign conflict. what was his reason behind this statement? a jefferson and washington had determined the u.s. was too weak to wage war. b the u.s. had a treaty with both england and france, and was thus required to remain neutral. c france asked for the united states to stay out of the war, due to trade relationships. d a special envoy from england asked for strict neutrality on behalf of the united states.

Which of the following questions must be asked about the use of resources in an economic system a. what allocation will provide the fastest growth b. what is the most secure allocation c. what is the fairest allocation d. what is the most effective allocation