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The feudal system was really a system of political-military allegiances whereby aristocrats gave landed estates to lesser aristocrats and knights in exchange for loyalty and military services. The economic dimension of the system is that the aristocrats were landlords who appropriated the produce of the peasants and ensured their labour services through serfdom. Through serfdom, the peasants were tied to the lord and were not allowed to leave their villages. They also had to pay a rent. Sharecropping (paying with a share of the harvest) was common, but cash payments also developed. Labour services were obtained through the requirement to work on the estate of the lord for set amounts of time. Tributes also had to be given. These consisted of giving the lord a certain number of animals, dairy products, and the like. Transgression of these rules involved severe punishment.
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Which statement about feudal economic system is true?
One thing that can be said about a feudal economic system is that it is more of a barter trade system.
What economic systems was in place prior to the economic revolution?
Feudal economic system
What was the Economic system of Venice 1480 - 1600 CE?
The Feudal System was used during this time period in Venice.
What is a feudal economic system?
Every estate was self-sufficient and produced or grew everything it needed to function.
Feudal estates and basic economic units?
Lord's manors
Which statement about feudal economic system is true?
One thing that can be said about a feudal economic system is that it is more of a barter trade system.
What economic systems was in place prior to the economic revolution?
Feudal economic system
How was wealth displayed during the feudal system?
In the 18th century, Adam Smith, seeking to describe economic systems, effectively coined the forms "feudal government" and "feudal system.
What was the Economic system of Venice 1480 - 1600 CE?
The Feudal System was used during this time period in Venice.
What is a feudal economic system?
Every estate was self-sufficient and produced or grew everything it needed to function.
Did Romans use the feudal system?
No, the feudal system was a medieval system.
Where did the feudal system exist?
feudal is the answer
What was one of the outgrowths of the feudal system?
Chivalry was an outgrowth of the feudal system
What exactly is a feudal system?
The 'feudal system' is a political, economic and social system that was in place throughout much of medieval Europe. It includes factors like; Serfdom, cottage industry agriculture (small plots of land worked on by the poor/serfs), barons/local leaders who had a hereditary right to land they technically owned and the system of having a monarch (sometimes constitutional) to govern the country as a whole. Hope this helped.
What responsibilitys did peasants have in feudal system?
They supported the entire feudal system by working the land.
What is a feudal laborer?
a labourer who labours under a feudal system
How feudal system work?
the feudal system works how by William taking the mici out of people to be loyal to him.
