In his book the wealth of nations Adam smith presupposed the validity of the social concept of what?

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2026-04-14 09:35

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In his book "The Wealth of Nations," Adam Smith presupposed the validity of the social concept of self-interest driving economic activity. Smith believed that individuals acting in pursuit of their own self-interest would inadvertently promote the well-being of society as a whole through the concept of the invisible hand.

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