# According to Adam Smith, as long as farmers, laborers, and businesspeople received economic reward for their efforts, they would work hard. As a result of this self-directed desire to gain, the economy would prosper and everyone would become wealthier. Smith called this process:

1 answer

###### Question:

According to Adam Smith, as long as farmers, laborers, and businesspeople received economic reward for their efforts, they would work hard. As a result of this self-directed desire to gain, the economy would prosper and everyone would become wealthier. Smith called this process:

## Answers

According to Adam Smith this process is called "The invisible hand".The invisible hand helps the market to find stability without being forced into abnormal patterns by administration or other interventions.Farm owners, workers, corporate executives, and entrepreneurs, as per Smith, would labor diligently to earn cash benefits for their efforts if they could see them. The industry itself would benefit as a consequence of their efforts, with more than enough food and merchandise accessible to everyone.Learn more:https://brainly.com/question/1056081?referrer=searchResults

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