Invisible hand

Supply and demand: The relationship between how much of a product is available (supply) and how much people want to buy it (demand). When supply is low and demand is high, prices tend to rise.

Market equilibrium: The point where supply and demand meet, resulting in an optimal price for goods or services. This balance occurs when there is neither excess supply nor excess demand.

Laissez-faire: An economic policy that advocates minimal government intervention in markets. It supports the idea that markets should be left alone to operate freely without excessive regulations or control.