Traditional Culture Encyclopedia - Traditional festivals - What are the obvious differences between capitalist economy and feudal economy?
What are the obvious differences between capitalist economy and feudal economy?
The obvious difference between the two is that the capitalist economy is dominated by large machinery industry, the labor force flows freely, and the products are mainly profitable, while the feudal economy is dominated by traditional agriculture, the labor force is bound, and the products are mainly self-sufficient; The big real estate system tied the labor force to the manor and the products were self-sufficient, so it was a feudal economy.
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