Feudalism, Microeconomics

Assignment Help:

A type of economy (like in Europe in the Middle Ages) which is primarily agricultural however productive enough to support a class of merchants andartisans. Feudal societies are composed of two major social classes: peasants andnobles. Nobility extracted the agricultural surplus from peasants through a system of tradition, mutual obligation and (when necessary) brute force.


Related Discussions:- Feudalism

Taxing system, On what kind of income is our taxing system based?

On what kind of income is our taxing system based?

Origin of sylos labini''''s limit pricing model, write about the origin of ...

write about the origin of sylos labini''s limit pricing model

Cost function, function with equation,variable,parameter

function with equation,variable,parameter

Economics for money, 1. Discuss how banks make money, and are structured in...

1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management – give examples.

#title.market structures, contrast the longrun equilibrium positions of mon...

contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly

Identify the four institutional requirements of markets, Identify the four ...

Identify the four institutional requirements of markets. The four institutional needs of markets are:  Pprivate property, Social institutions of trust, Good physical i

Cost theory, if marginal cost descreases then what else is effected by this...

if marginal cost descreases then what else is effected by this

Consumer behaviour, do you think that dimnishing returns to a factor are co...

do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd