Question

A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operation, it served a small community that would now have to travel another 20 miles to the nearest grocery store. With help from a local realtor and banker, the couple purchased the store, remodeled it, and re-opened it. As new store owners, they had to carefully watch cash flow. As their customer base began to grow, they began offering hot food, and hired others to help with the operation.
The economic benefit created in this story is called:

A. an economic intervention.
B. an economic crisis control.
C. the invisible hand.
D. the deliberate process.

Answer 1

Answer:

C. the invisible hand.

Explanation:

Based on the information provided within the question it can be said that the economic benefit created in this story is called the invisible hand. This term refers to a metaphor explaining the unseen forces that freely control the market economy. Which can help explain the economic benefit and the reason as to why the store grew.