The Story of the Invisible Hand
Chapter 2: Section 2, 3, 4
A mystery novel? A Harry Potter classic? No, it’s Adam Smith and the Invisible Hand!
What, exactly, is the invisible hand? A paranormal occurrence? Maybe a Superhero! A
misguided misfit? You need to decide as you explore the fundamentals of the free market.
You need to do is create a story, comic, or graphic novel of the mysterious and wondrous
concepts in Chapter 2. It’s full of selfishness, profit at any cost, specialization in the dark arts,
cut-throat competition, murder for hire, and the all-powerful, all-knowing, and mysterious
“invisible hand of the market place.”
Requirements:
1. Must present following content from Chapter 2 (listed in order of importance):
These words don’t have to be used specifically, just the concept.
a. Invisible Hand
b. Self-interest
c. Market
d. Laissez faire
e. reference to Marx, Engels, and/or Lenin
f. Role of government
g. Competition
h. Incentive
i. Profit
j. Specialization
k. Product Market
l. Factor Market
m. Firm
n. Household
2. Format is open. Options: a short story, children’s book with pictures, comic strips,
graphic novel.
3. As there are many different forms, there are many different lengths. It does have to be
long enough to tell a story and present the information.
Due:
Word
Invisible Hand
Self-interest
Market
Laissez faire
reference to Marx,
Engels, and/or Lenin
Role of government
Competition
Incentive
Profit
Specialization
Product Market
Factor Market
Firm
Household
Definition
Invisible Hand Rubric
Content
Invisible Hand,
Self-interest,
Markets, Laissez
faire, reference
to Marx, Engels,
and/or Lenin,
Role of
government,
Competition,
Incentive, Profit,
Specialization,
Product Market,
Factor Market,
Firm, Household
Story
Quality
Format
and
Writing
Mechanics
Exceeds
 Excellent and
detailed
explanation on
all to most
topics.
 All key topics
covered.
 Topics applied
very well to
content/plot of
story
Meets
 Clear and
accurate
explanation of
most topics.
 Most key topics
covered.
 Topics fit well
to content of
story.
Approaching
 Some topics
accurately
covered; some
topics may contain
inaccuracies.
 Some key topics
covered, may be
inaccuracies.
 Topics do not fit
well with story;
presented as facts
or definitions
 I am riveted!
Edge of my seat
 Exposition,
rising action,
climax, falling
action, and
conclusion all
flow together to
create a
suspenseful and
complete story.
 Neat, clean, with
all required
elements.
 Style and format
match very well.
 Excellent
grammar,
mechanics,
sentence
structure,
organization
 A story is
present with
characters and
a plot.
 Exposition,
rising action,
climax, falling
action, and
conclusion
exist to form a
complete story
 Neat, clean,
with most
required
elements.
 Style and
format match.
 Few significant
errors with
writing
mechanics.
 Clear sentence
structure.
 Clear
organization.
 Some elements of
 The “story” is
a story exist, but it
just two
is incomplete or
characters
devolves into
talking about
defining key terms.
the vocab
words.
 Story elements
may be incomplete  Most story
elements do not
exist or are
extremely
minimal.
 Somewhat clean
 Neat, clean,
and neat.
with all
required
 Many be missing
elements.
required elements.
 Missing
 Style and format
required
contain some
elements.
coordinating
elements.
 Style and
format match
 Some errors with
very well.
writing mechanics.
 Several errors
 Problems with
with writing
sentence structure
mechanics.
and/or
organization.
 Several
significant
problems with
structure and/or
organization.
Grade and Comments
Below
 Few topics
accurately
explained.
 Significant
inaccuracies
may exist.
 Few key topics
covered.
 Topics may be
presented as
lists of facts;
little plot.