WORLD HISTORY

Detailed explanation-1: -In the European feudal system under manorialism, what is the most significant economic commodity? people depend on agricultural production.

Detailed explanation-2: -The basic economic law of feudalism consisted in the production of surplus product to satisfy the demands of the feudal lords, by means of the exploitation of dependent peasants on the basis of the ownership of the land by the feudal lords and their incomplete ownership of the workers in production-the serfs.

Detailed explanation-3: -manorialism, also called manorial system, seignorialism, or seignorial system, political, economic, and social system by which the peasants of medieval Europe were rendered dependent on their land and on their lord.

Detailed explanation-4: -The other system was feudalism, which was born of manorialism. The purpose of the manor system was to provide landowners with a system of land management to produce goods necessary to support themselves and the people who worked the land.

Detailed explanation-5: -Feudalism in Western Europe was a politico-economic system that created a social fabric with military obligations. It produced a set of manners and norms – chivalry – and spawned an elegant form of literature that helped Europeans capture and develop pride in their histories.

Detailed explanation-6: -The manorial system held medieval economy because it was a symbiotic relationship between lords and peasants. The lords provided land for the peasants to grow food, which the peasants and the lord needed, and the lords also gave protection, while the peasants gave food to the lord and farmed his land for him.