How Did Adam Smith Theory Influence Colonial American

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During the early 18th century, Colonial America was used to benefit Great Britain. By living on British territory, Americans sent most of their manufactured goods to Britain The invisible hand is a theory influenced by Scotsman Adam Smith suggesting that the actions of independent self-interested buyers and sellers will often result in the most efficient allocation of resources. Once you are pleasing yourself you will also be meeting the needs of others. Adam Smith said if you please yourself you will also be meeting the needs of others. Invisible hand- Adam Smith’s Theory that the actions of independent self-interested buyers and sellers will often result in the most efficient allocation of resources In reference to Colonial America, mercantilism