Economics · Economy
Match LIST-I with LIST-II: LIST-I (Development Framework & Aspect) A. Engine of Growth (Classical Theory) B. Engine of Growth (Marxian Theory) C. Role of the State (Classical Theory) D. Role of the State (Marxian Theory) LIST-II (Theoretical Position) I. The state serves the capitalist class and is ultimately to be replaced. II. Capital accumulation and division of labour serve as the primary drivers. III. Surplus value extraction and reinvestment function as the core drivers. IV. Minimal intervention is required, relying primarily on a laissez-faire approach. Choose the correct answer from the options given below:
- 1A-III, B-II, C-IV, D-I
- 2A-II, B-IV, C-III, D-I
- 3A-III, B-II, C-I, D-IV
- 4A-II, B-III, C-IV, D-I✓
Correct answer
A-II, B-III, C-IV, D-I
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