Invisible hand of the market

The "invisible hand" is a concept introduced by economist Adam Smith, describing how individual self-interest can unintentionally benefit society as a whole. When people pursue their own economic goals—like selling products or services—they often contribute to the efficient allocation of resources and overall economic growth, even without intending to help others. This process is "invisible" because it happens naturally through personal choices and market interactions, leading to a balance of supply and demand. Essentially, personal pursuit of profit, guided by competition and market forces, often results in economic benefits beyond individual intentions.