Match the economy types (List- I) with their characteristic features (List-II).
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List-I (Type of Economy)
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List-II (Characteristic features)
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a) Subsistence |
i) Market competition as the primary force to shape production pattern |
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b) Commercial |
ii) Self-sufficiency, low production, low density of population |
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c) Intensive subsistence |
iii) Self-sufficiency, high production, high density of population |
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d) Extensive subsistence |
iv) Little exchange of goods, only the limited need for markets |
Choose the correct options from below:
1
(a) - (ii), (b) - (iii), (c) - (i), (d) - (iv)
2
(a) - (iv), (b) - (i), (c) - (iii), (d) - (ii)
3
(a) - (iii), (b) - (ii), (c) - (iv), (d) - (i)
4
(a) - (i), (b) - (iv), (c) - (iii), (d) - (ii)