What is the overall outcome of Adam Smith's concept of the invisible hand in a competitive market?

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Explanation

The invisible hand suggests that when each person seeks their own benefit, it unintentionally leads to positive results for society as a whole. This means that individual self-interest drives overall economic benefits, rather than deliberate efforts to promote public welfare or maximize growth.

What is the overall outcome of Adam Smith's concept … — Theories of Economic Development | PakQuizHub