Business I / The Pre-industrial Economy
Practice question · Match the pairs

Match each pre-industrial concept to its definition.

  • Malthusian trap
  • Subsistence
  • Proto-industrialisation
  • Organic economy
  • All energy from recent photosynthesis
  • Population absorbs all productivity gains
  • Rural households producing for distant markets
  • The income floor that just sustains the population
Hints
  1. Separate the constraint from the mechanism from the outcome.
  2. One term names the income level at which population stops growing.
Show the answer
  • Malthusian trap Population absorbs all productivity gains
  • Subsistence The income floor that just sustains the population
  • Proto-industrialisation Rural households producing for distant markets
  • Organic economy All energy from recent photosynthesis
Why

Four concepts that defined the world before 1750, a world where progress meant more mouths, not richer mouths.

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