What is the invisible hand that Smith mentions, and how does he think it helps society?

The Invisible Hand is the idea that the economy will "fix" itself. Factors that will effect the natural shift of the economy are personal interest, freedom of production, and supply vs demand. If the economy is out of balance, it will return to balance.

Explanation:

For example: The toilet paper is in high demand at the grocery store. The consumers are angry because their is not enough supply to meet the demand. The current economic situation is unbalanced. As a result, the toilet paper company will produce more toilet paper, and things will return to balance. This is the invisible hand in action.

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