1.\'P\' is a peasant who has to work three days a week on land that he doesn\'t
ID: 1164639 • Letter: 1
Question
1.'P' is a peasant who has to work three days a week on land that he doesn't even own. 'P' is most likely to live in which of the following types of economy?
ancient market economy
tribal economy
modern commercial economy
feudal economy
2.'P' works with her relatives all day. In the morning they make clothing and in the afternoon they tend their small grain crop. In which type of economy is 'P' most likely to live?
ancient market economy
feudal economy
modern commercial economy
tribal economy
ancient market economy
tribal economy
modern commercial economy
feudal economy
2.'P' works with her relatives all day. In the morning they make clothing and in the afternoon they tend their small grain crop. In which type of economy is 'P' most likely to live?
ancient market economy
feudal economy
modern commercial economy
tribal economy
Explanation / Answer
1)
Right Answer is : Feudal Economy.
Feudal Economy exists where workers is likely to pay his economic service to landlord for nothing. This system was based on economic exploitation of human.
2)
Right answer is: Modern commercial economy.
In modern commercial economy, employment opportunities are abound across the sectors.
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