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In the 18th century, Adam Smith, seeking to describe economic systems, effectively coined the forms "feudal government" and "feudal system.
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How was wealth determined in Medieval Europe?
The Feudal System which provided wealth and land to vassals, jobs for knights, and work for serfs.
How did feudalism begin in Japan?
Feudalism in Japan developed over a need for additional land, wealth and power. A weakened government persuaded feudal land owners to war with each other . After the Fujiwara claim fell out of power, Daimyo hired Samurai to attack other Daimyo for their land and wealth.
What responsibilities did monarchs have in the feudal system?
believed in the divine right of kings and some had to work hard to maintain control of their kingdoms. Few had enough wealth to keep their own army.
What two factors contribute to Egypt wealth during the New Kingdom?
The two factors that contributed to Egypt's wealth during the New Kingdom were conquest and trade.I believe two factores contributed to Egypts wealth during the New Kingdom were the conquest and trading.
What FACTOR CONTRIBUTED TO EGYPT'S WEALTH DURING THE NEW KINGDOM?
The two factors that contributed to Egypt's wealth during the New Kingdom were conquest and trade.I believe two factores contributed to Egypts wealth during the New Kingdom were the conquest and trading.
How was wealth determined in Medieval Europe?
The Feudal System which provided wealth and land to vassals, jobs for knights, and work for serfs.
How did the growth of towns weaken the feudal system?
During the Middle Ages, the growth of towns weakened the feudal system in several crucial ways. For one thing, it shifted the focus-point for communities from the feudal manor to the local town itself, which was becoming more and more important. For another thing, the wealth of the small but growing "middle class" gave them more and more power with which to use as a new, independent force in the governance of lands once solely governed by the feudal lords.
What is the best term describing a society in which the landed aristocracy has most of the wealth and political power?
A society in which the landed aristocracy has most of the wealth and political power is described as feudal.
Which term best describes a society in which the landed aristocracy has the most of the wealth and political power?
A society in which the landed aristocracy has most of the wealth and political power is described as feudal.
Is Consumer Wealth System the same as Key Wealth System but re marketed?
Yes, Consumer Wealth System is nearly the same as Key Wealth System, but with some minor differences. So I guess you could possibly consider it to be remarketed.
How did feudalism begin in Japan?
Feudalism in Japan developed over a need for additional land, wealth and power. A weakened government persuaded feudal land owners to war with each other . After the Fujiwara claim fell out of power, Daimyo hired Samurai to attack other Daimyo for their land and wealth.
Why was it important for kings emperors the church and nobles to posses land?
There was no set form of currency for much of the middle ages, so land was the most valuable form of wealth, as it can be used to produce goods, and can be rented or gifted to vassals in return for services. The Manorial rent system was the basis for wealth throughout feudal society.
What responsibilities did monarchs have in the feudal system?
believed in the divine right of kings and some had to work hard to maintain control of their kingdoms. Few had enough wealth to keep their own army.
Why was the land valuable to a feudal lord?
In the feudal period (in Europe) land was wealth. Agricultural products were wealth. Money was only valuable if made of gold or silver. Grain, timber, livestock were wealth, all products of the land. Industry was limited because the sources of power were muscle power (human and animal) river flow (waterwheels) and windmills. The stimulus for the Industrial Revolution was the invention of the steam engine and later the gas and diesel engines.
In a capitalism system how should goods and wealth be distrubuted?
In a capitalist system, wealth and goods are acquired through competition. The wealthiest end up with more wealth and more goods.
What is mercantisim?
An economic system that stresses the goals of national government instead of the individual. It developed in Europe during the decline of feudal system. It was the most important economic system in the 16th-18th centuries. Mercantilism required the national government to control business and trade: e.g. exporting should be more than importing. It aimed to exploit natural resources so that it could limit the import. Trade barriers, such as taxes were dropped. According to the Marcantilists, a nation's wealth was depended on its balance of trade.
Where does the apothecary fit in the feudal hierarchy?
The apothecary would typically fall within the merchant or tradesman class in the feudal hierarchy. They would be considered below the nobility and clergy but above the peasants and serfs in terms of social status and wealth.
