Surname 1Students nameInstitutionProfessors nameDateEco
2013Section 1: ConfusedThe most confusing part in chapter 2 is the
concept of the invisible hand. There is a hand thatcontrols the
economy by creating unity between the then private and social
interests. Althoughthis hand is guided by self-interest from the
parties, it benefits the public. It is confusing how theinvisible
hand operates within the economy and whether it balances it.The
second issue that was confusing is how the market system deals with
risks. Goods andservice production is a risky affair, and any c …