Step 1: Understanding the Concept:
This matching question tests knowledge of key sociological texts and foundational concepts developed by classical and contemporary thinkers.
Step 2: Detailed Explanation:
1. Wealth of Nations (Adam Smith): Published in 1776, it is the fundamental work of classical economics.
2. Alienation (Karl Marx): Marx described how workers under capitalism lose control over their labor, products, and essence.
3. Status Symbol (Max Weber): Weber analyzed social stratification through Class, Status, and Party, where status is linked to lifestyle and symbols of prestige.
4. Footloose Labour (Jan Breman): Breman coined this term to describe highly mobile, unprotected labor in the informal sector in India.
By matching (A)-(III), (B)-(IV), (C)-(I), and (D)-(II), we find that Option (4) is the correct sequence.
Step 3: Final Answer:
The correct match is (4) A-III, B-IV, C-I, D-II.