What is feudalism economy?

What is feudalism economy? Feudalism: A political and economic system of Europe from the 9th to about the 15th century based on holding all land in fief or fee and the resulting relation of lord to vassal and characterized by homage, legal and military service of tenants, and forfeiture. Vassals were in a somewhat higher […]

What are the types of unemployment?

What are the types of unemployment? Digging deeper, unemployment—both voluntary and involuntary—can be broken down into four types. Frictional unemployment. Frictional unemployment occurs as a result of people voluntarily changing jobs within an economy. Cyclical unemployment. Structural unemployment. Which type of unemployment would students who have just graduated from college and are looking for their […]

Why is the role of entrepreneurs much more important in the new growth theory than in the traditional economic growth model?

Why is the role of entrepreneurs much more important in the new growth theory than in the traditional economic growth model? In the new growth​ theory, entrepreneurs play a key role in the development and adoption of new and sometimes untried technologies. Technological change shifts up the​ per-worker production function and allows an economy to […]

How did feudalism spread to England?

How did feudalism spread to England? pg 244 How did feudalism spread to England? Feudalism spread to England because of a WIlliam who was a duke. He sailed to England with his knights and defeated the England King and made himself king. How did feudalism help England? Feudalism became a way of life in Medieval […]

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