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Economic processes are those involving the production and distribution of goods and services. However, they do not alone determine this production and distribution. There is an interrelationship of economic, cultural, environmental, and political processes that all help to shape each other. Nothing that we do can be defined as a single process, for it is the interaction itself that helps to produce the final results that we observe. To understand this more fully the following basic definitions may be of use:
"Cultural Processes" are those that involve the creation and transfer of knowledge-the production of meaning. "Political processes" are those by which we establish and enforce rules, and they have to be reproduced and communicated by way of cultural processes. And finally, "Environmental Processes" are processes and transformations of matter into other matter or matter into energy through various activities. From this one can see that the "state" of the environment is affected by culture, politics, and economics. To reiterate, we can't talk about economics and the questions that it attempts to resolve, without talking about or at least including these other aspects because they all interact and must be considered as well.
There are a number of fundamental questions that economic systems attempt to solve: How does one gain access to the resources needed to produce new and useful goods and services? How does one get humans to perform the labor? How do you organize the production process? How do you get the produced output into the hands of consumers? And finally, who gets the surplus and what do they do with it? Using these questions as a basic framework, one can attempt to dete...
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References
"Feudalism." http://www.maricopa.edu/academic/cult_sci/anthro/lost_tribes/Feudalism.html
Korten, David C. "Life After Capitalism." November 1998.
http://www.ratical.org/many_worlds/capitalism.html
"Middle Ages: Age of Feudalism."
http://www.intelliseek.com/cgi- bin/nphProFusion.pl?queryterm=feudalism&option=all&display=10&totalverify=0&auto=all&engine1=AltaVista&engine2=
"Organized Labor."
Wysiwyg://16http://www.britannica.com/b…article/9/0,5716,115719+1+108786,00.html
Professor Gabriel course web page http://www.mtholyoke.edu/courses/filmcourse.html
Shadab, Houman. "Capitalism: Frequently Asked Questions." 1996.
http://www.ocf.berkeley.edu/~shadab/
"The Rise of Feudalism." http://www.ukans.edu/kansas/medieval/108/lectures/feudalism.html
"What's Wrong With Capitalism." http://www.geocites.com/Paris/2159/capindx.html
T.H. White’s novel, “The Sword in the Stone,” took place in the Middle Ages, when feudalism was the dominant political structure and knighthood held a high prestige. Thus, White wrote the novel stemming from the theme of warfare. However, he combined the themes of Medieval warfare with the contemporary warfare of the early-to-mid 20th century, the time period in which the novel was written. As a result, the historical allegories can be drawn between episodes in the book and warfare in the 20th century, especially World War 2. The episodes of the pike and the ants reflect totalitarian, fascist, and communist views, respectively in that order, whereas the geese serves as a society absent of violence, therefore demonstrating White’s pacifist values
As economies develop and change we need to look at the factors that influence this. Weather, resources, location and labor prices are a few examples of this. Another influence is government policies. There are three types of economies: command, market and mixed. In a market economy. In a command economy the government controls the economy. It decides what will be produces, wages and prices. Socialism and Communism are examples of a command economy. In a market economy the economy is controlled by individuals. In a pure market economy the government is absent from the economy. A mixed economy has element from both a command and market economy. The economic decisions are made by the people but the government plays a role in the resources. Most developed countries today have a mixed economy.
Despite its size, only 190 pages, the authors address the basic concepts of economics while also applying those politically and for personal finance decision making. Those basic concepts include scarcity, gains from trade, marginal decision-making, profit management, income growth, and Adam Smith’s invisible hand theories are all discussed within the first part of the book; allowing readers to understanding the concepts, Gwartney applies the same concepts to the creation of wealth and the importance of competition, private property, open trade, monetary stability, and lower taxes. This book educates its audience by evaluating our economy and government mechanisms without the overpowering display of charts, formulas, and graphs; which you would typically see in a textbook allow...
The emergence of capitalism in Western Europe was considered as a majority change in human history. As prior to the emergence of capitalism conditions are mainly agriculture and there was no sustained monotonic income per capita. Also prior to the emergence of capitalism there was a feudal system of organising the economy emerged in the 15th century of medieval Europe.
In times of need the church and religion provided hope for people in trouble, eventually creating feudalism. Many things such as feudalism depended on the Great Chain of Being, such as most of the peasants in the middle ages. The Great Chain of Being says that not all things are created equal and that everything has its own place that cannot be changed. Feudalism is based off of the Great Chain of Being where it is unfair but every layer depends on every other layer. In times of need, people looked to religion for help. Because of their role as a religious place, they could provide comfort to families such as ones with a loved one who got sick, but they could never cure the person (Richardson). The church was outside of the feudalism system, having social mobility. Anyone
Economics is the study of how best to allocate scarce resources throughout an entire market. Economics affect our lives on a daily basis, whether it is on a business level or a personal level.
The feudal system was a political, military, and economic system based on the holding of land. The system was developed since the whole entire basis of rule from all the civilizations before the Middle Ages was lost. Early Europe was in desperate need of such a system since they were constantly being raided by the Vikings and other outsiders.
Would you rather live in a place with a representative democracy or medieval European feudalism as the government? According to the dictionary a democracy is “a system of government by the whole population or all the eligible members of a state”. In a representative democracy the people elect other people to vote for them in the government. According to the World history social studies textbook, feudalism is “a strict social system in which land owner’s grant people land or other rewards in exchange for military service or labor”. In medieval Europe the levels of feudalism are king, lords, knights, peasants and serfs.
Feudalism and Manorialism glued together the societies of the middle ages. Feudalism and Manorialism held together the economic aspect of society. Feudalism and Manorialism helped put together all the assets society needed. Feudalism and Manorialism also accounted for the military needs of societies. Religion and culture added stability and reinforced feudalism and manorialism.
The emergence of European feudalism began in the fifth century when the Visigoths pillaged in Rome, leaving the Romans in Europe no choice but to return to their homeland. As a result, the vast European lands were left without an organization and a lasting system of Roman centralization. The disintegration of Europe following the departure and power of the Romans gradually guided to European feudalism. The feudal system first appeared in the Frankish lands, after the Carolingian Dynasty came into control, creating a new social, political, and economic organization.
Feudalism was created in the 9th century to eliminate social chaos and put social classes into order. Kings would also use it to expand their land. In return they would get protection, money, crops, and court duties. It also used in war times so that the Knights were obligated to fight. They centralized government to organize power and land. Feudalism was used to give out land by the king, organize social standing and in return get military services and protection.
In a time of need the Feudal system was there to help western Europeans sustain themselves. Feudalism was a political system that supported the people that lived in its domain. The manor however was the economic system that helped the feudalism thrive. The manor had many workers that produced objects but one of the most important was the baker which helped the economic growth and health of the people Feudalism is an effective way to provide resources, protection, and self sufficiency to the population, as well as bakers which helped and supported the feudal system. Feudalism is the main form of government in medieval Europe.
Feudalism had a sense of form in which each social status within the system was interrelated. The Feudal System was established because invasions started to come into Rome, which was developed in the western part of Europe in 800 B.C. I, Sir Tweedy, was 7 when I started training to be a knight and became one at age 21. I am a warrior on horseback also known as a knight and I go by the Code of Chivalry. The Feudal system had Kings, Barons, Knights, and Serfs. In Medieval Europe, a knight, who abided by a code of chivalry, had a relationship with the king, the lords, and the serfs.
Introduction Feudalism was a legendary system that allowed people to rely on their peers. Feudalism was a system in which everyone relied on each other for goods and services. The manor was were everyone in the feudalism system was located, worked and lived. Finally, the shepherd was a very important role in the feudal system. Feudalism was tied into the medieval manor in many ways, and one of the groups of the manor that participated feudalism was the shepherd.
Economics is basically the understanding of how different economies function. Economics is the study of how to best allocate scarce resources among competing uses. Scarcity in the economy is the main problem. There are not enough resources to keep up with the demand for them. Within the discipline of economics, there are two areas of study: Micro and Macro Economics.