The European economy was fundamentally based on the feudal system, which emerged in the Middle Ages. This social structure was characterized by a hierarchy of lords, vassals, and serfs, where land was the primary source of wealth and power. Lords granted land to vassals in exchange for military service and protection, while serfs worked the land and provided agricultural produce. This system created a localized economy that was largely agrarian and dependent on the relationships between different social classes.
Many European nations are experiencing increased levels of social unrest.
Germany has a social market economy. Germany founded the European Union, as well as the Eurozone. Its official currency is the Euro.
social economy
An economy with more than one type of economic structure is often referred to as a "mixed economy." This system combines elements of both capitalism and socialism, integrating private enterprise with government regulation and intervention. Mixed economies aim to balance the efficiency of markets with the social welfare objectives of government policy.
Mixed economy included Capitalistic economy and also Socialistic economy. Capitalistic economy for profit earning and socialistic economy for social welfare.
how was the social structure of th aztec empire similar to the social structure of latin america under european colonialism
The primary type of social structure is the way in which a society is organized and relationships are formed among its members. It can include institutions, norms, and patterns of interaction that shape social behavior. Examples of social structures include family, education, government, and economy.
As other special groups of workers formed, social classes with varying wealth, power and influence began to arise.
Hierarchial
More people were working and the economy was thriving
Geography Religion Achievements Politics Economics/economy Social structure
Many European nations are experiencing increased levels of social unrest.
Like any country social structure of Ghana is affected by the economy, the culture, and the political climate. It is a growing economy that has recently, relatively speaking, been freed form british rule and as such is still evolving.
Classes in the Olmec social structure were ordered with the administrators then the engineers and builders then artists which came below the rulers in the rigid Olmec social structure. Farmers formed the society's largest and lowest class.
A clan is a social structure formed by a group of people connected by kinship of common descent, mostly from a very long-ago and often mythical forefather.
Germany has a social market economy. Germany founded the European Union, as well as the Eurozone. Its official currency is the Euro.
The most far-reaching, influential transformation of human culture since the advent of agriculture eight or ten thousand years ago, was the industrial revolution of eighteenth century Europe.The consequences of industrial revolution would change irrevocably human labor, consumption, family structure, social structure, and even the very soul and thoughts of the individual. This revolution involved more than technology; to be sure, there had been industrial "revolutions" throughout European history and non-European history. In Europe, for instance, the twelfth and thirteenth centuries saw an explosion of technological knowledge and a consequent change in production and labor. However, the industrial revolution was more than technology-impressive as this technology was. What drove the industrial revolution were profound social changes, as Europe moved from a primarily agricultural and rural economy to a capitalist and urban economy, from a household, family-based economy to an industry-based economy. This required rethinking social obligations and the structure of the family; the abandonment of the family economy, for instance, was the most dramatic change to the structure of the family that Europe had ever undergone-and we're still struggling with these changes.