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Business, 18.06.2021 05:50 nhristov

Does Adam Smith's idea of the "invisible hand" apply to the funeral industry? After all, all families have need of the funeral industry. Does the "invisible hand" help the industry maintain moral standards, or does it just help regulate prices? Should we have a "laissez faire" approach to the funeral industry, or should it have more regulations to prevent businesses from taking advantage of people when those people are the most vulnerable?

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