Feudal Society's Economic Structure

Feudal Society Economy

• Feudal society is not economically based on a trade economy, but rather on a self-sufficient economy, where lords and vassals rely on their own production and resources.
• Feudal society operates on a manorial economy, where the lord's estate (manor) is the central unit of production, and peasants work the land in exchange for protection and housing.
• The economic structure of feudal society is characterized by a labor-based economy, where the majority of the population is involved in agriculture, and the economy is driven by the lord's need for labor and resources.

Test your knowledge on the economic structure of feudal society! Discover whether feudal society is based on a trade economy and learn more about the economic foundations of this unique social system.