Economics · Economic Systems
Which of the following best describes a subsistence economy?
- 1A system where all economic activities are conducted purely as recreational hobbies
- 2A market-driven capitalist economy emphasizing advanced technologies and financial speculation
- 3An economic model focused on self-sufficiency where goods are produced mostly for local consumption with minimal market trade✓
- 4An economic system where production is driven entirely by global export demands
Correct answer
An economic model focused on self-sufficiency where goods are produced mostly for local consumption with minimal market trade
Explanation
उत्तर का स्पष्टीकरण:
मुख्य बिंदु:
परिभाषा: जीवन-निर्वाह अर्थव्यवस्था (subsistence economy) एक ऐसा आर्थिक मॉडल है जो पूरी तरह से आत्मनिर्भरता (self-sufficiency) पर केंद्रित होता है।
उत्पादन का उद्देश्य: इसमें वस्तुओं और फसलों का उत्पादन मुख्य रूप से किसान या उत्पादक के अपने परिवार और स्थानीय समुदाय के उपभोग (consumption) के लिए किया जाता है।
न्यूनतम व्यापार: इस प्रणाली में बाजार व्यापार या मुनाफाखोरी बहुत कम या न्यूनतम होती है, क्योंकि अतिरिक्त उत्पादन या तो बहुत कम होता है या स्थानीय स्तर पर ही अदला-बदली (barter) या उपभोग में समाप्त हो जाता है।
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economic Systems?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Systems