CB asked in Education & ReferenceHomework Help · 1 decade ago

Economics & Invisible hand & invisible foot examples?

what would be an easy to understand example of the invisible hand and invisible foot?

2 Answers

  • DEBZ
    Lv 4
    1 decade ago

    Heres 2 sites for you to look at - both have examples and both give interesting and opposing points of view.


    Some examples can be given to show how this controversy ... the invisible hand is merely our own bleeding feet moving through pain and loss to an uncertain ...

    www.staff.city.ac.uk/andy.denis/research/thesis/01.htm -

    Stiglitz Invisible Hand

    ... the so called Invisible Hand, a basic concept of modern economics, does not exit! ... In this section, I illustrate this with several examples. ...


  • 4 years ago

    using your analogy individuals- phil kin as style of a romance or marriage.... then the philippine independance is the divorce or split up that makes it particularly over.. now and lower back it takes one social gathering some time to handle the actuality of a split up.. in basic terms because of fact a pair splits up does no longer advise they might desire to constantly be enemies.. some particularly mature, and robust hearted people can shield a stable relationship as pals even after a divorce.. and it particularly is super to make certain that ensue, extremely whilst there are toddlers in contact. there isn't any use living interior the previous and questioning how issues may be if there replaced into no split up, it particularly is finished, it somewhat is over, it got here approximately, manage it. the assumption of Philippines turning out to be a state ended with independance, no use particularly of digging it up anymore, and statehood or status as a US territory would desire to no longer be a paranormal treatment to make all people chuffed or rich.. and particularly does no longer replace issues all that plenty.. US states and US territorites nonetheless choose for thier very own leaders from thier very own electorate, create thier very own regulations, run thier very own goverments, assemble thier very own taxes, and manage thier very own mess ups and poverty... the international is a greater proper place whilst people and international places get a alongside, and cooperate for our mutual income in enterprise, the economy and for peace. it style of feels that some filipinos have this subject believing that they are particularly loose.. which makes thier very own suggestions a type of reformatory for them. perchance because of fact of this filipinos chosen to be independant from united states, on an analogous time as all different US states have been in the past territories that chosen, and voted for, statehood. the U. S. would desire to no longer evaluate itself a loose united states if it did no longer enable the electorate of territories to p.c. for themselves in the event that they needed to become a state and a element of the U. S.. Philllipines chosen to no longer become a US state, yet that does no longer advise close friendships, financial and in any different case, shouldn't exist.

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