(in the economics of Adam Smith) an unseen force or mechanism that guides individuals to unwittingly benefit society through the pursuit of their private interests.
A term used by Adam Smith to describe his belief that individuals seeking their economic self-interest actually benefit society more than they would if they tried to benefit society directly. The statement “What’s good for the country is good for General Motors, and vice versa” expresses essentially the same belief.
noun 1. . noun 1. a liquid used for writing that does not become visible until it has been treated with chemicals, heat, ultraviolet light, etc
noun 1. (in architectural shades and shadows) a three-dimensional space occupied by the shadow projected by a solid and within which a surface is in shadow.
[in-viz-uh-buh l] /ɪnˈvɪz ə bəl/ adjective 1. not visible; not perceptible by the eye: invisible fluid. 2. withdrawn from or out of sight; hidden: an invisible seam. 3. not perceptible or discernible by the mind: invisible differences. 4. not ordinarily found in financial statements or reflected in statistics or a listing: Goodwill is an invisible […]
[in-vi-tey-shuh n] /ˌɪn vɪˈteɪ ʃən/ noun 1. the act of . 2. the written or spoken form with which a person is . 3. something offered as a suggestion: an invitation to consider a business merger. 4. attraction or incentive; allurement. 5. a provocation: The speech was an invitation to rebellion. adjective 6. . /ˌɪnvɪˈteɪʃən/ […]