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The Invisible Hand Quiz

Yes or No

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About this activity

True or false about Adam Smith

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Argentina

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The Invisible Hand Quiz
 

The Invisible Hand QuizOnline version

True or false about Adam Smith

by Federico Ponce
1

The metaphor was developed in 1800.

2

The Invisible Hand was meant to explain how the market can regulate itself.

3

He believed that the economy could achieve equilibrium without government help.

4

The invisible hand directly creates money.

5

The Invisible Hand is a physical device used in markets.

6

Adam Smith promoted a command economy.

7

The Invisible Hand is an economic theory created by Adam Smith.

8

Adam Smith was the first promoter of a free economy.

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