Difference between Feudal Economy and Capitalist Economy

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Feudal Economy

(a) Barter system prevailed.

(b) Money was not used for buying and selling.

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(c) Having gold and silver was considered unproductive wealth as it could not be used to make more wealth.

(d) The more land a person had the more wealthy he was considered.

Capitalist Economy

(a) Money is used for all business transactions.

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(b) Wealth is used and invested to make maximum profits. Such wealth is termed as capital.

(c) Money, not land, is the criteria for measuring a man’s wealth.

(d) Factory system of production prevails, unlike the domestic system of feudal times.

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