Question

Jeffrey decided he could earn a nice profit by developing courses and offering one-on-one help to older customers in overcoming their technology deficiencies. Although the business struggled at first, he is experiencing a good deal of success now. Jeffrey has many satisfied customers, and the business has grown to the point where he now employs several workers. Jeffrey's experience is an example of

Answer 1

Jeffrey's experience is an example of the invisible hand concept.

What is the invisible hand concept?

The invisible hand is known and regarded as a form of metaphor that iis often used for things that are unseen/ unseen forces that tends to shift the free market economy.

An individual self-interest and freedom of creation and consumption, the  interest of society, as a whole, are meant via this invisible hand concept .

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