Difference between Feudal Economy and Capitalist Economy


Feudal Economy

(a) Barter system prevailed.

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


(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.


(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.

Web Analytics Made Easy -
Kata Mutiara Kata Kata Mutiara Kata Kata Lucu Kata Mutiara Makanan Sehat Resep Masakan Kata Motivasi obat perangsang wanita