Set 6: Cross-Text Connections
Explanation
PASSAGE
Text 1 The 'Invisible Hand,' a concept by Adam Smith, suggests that individuals acting in their own self-interest unintentionally promote the public good through market mechanisms. Text 2 Market failures, such as externalities (pollution) and monopolies, demonstrate the limits of the Invisible Hand. In these cases, self-interest leads to social harm, necessitating government intervention to correct the market.
Which choice best describes the limitation of the concept in Text 1 as presented in Text 2?
Detailed Answer Explanation
This question asks you to compare perspectives from two passages. Text 1: Self-interest = Public good. Text 2: Market failure (Pollution) -> Harm. Limitation: Not always true. Understanding how the authors relate to each other's views is essential. Identify whether they agree, disagree, or address different aspects of the topic. Focus on their specific claims and conclusions. When comparing texts, first identify each author's thesis or main argument. Then determine how these positions interact: do they complement each other, contradict each other, or address different aspects of the same issue? The relationship between texts reveals deeper meaning.
Key Evidence:
• "demonstrate the limits"
• "self-interest leads to social harm"
Why others are wrong: A (Limits.), D (Social harm.), B (Intervention required in failure.).
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