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Economics from a Historical Perspective Essay Example | Topics and Well Written Essays - 7000 words

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Economics from a Historical Perspective - Essay ExampleThe http://research-paper-help-online640.mystrikingly.com powerful class of people acquired the ownership of some people from the lower sections of the society, who would perform duties as directed by their masters. These people were called slaves. However, medieval Europe developed a somewhat similar culture of interdependency between two classes of people which was known as “serfdom�. The medieval serfs were actually the dependant peasants. Serfdom first developed in France, where slavery had not been practices significantly. The European countryside during the Middle Ages were the seat of large houses called “manors� which were different from the Roman “villas� of the earlier times. These manors were built according to a typical design and were usually accompanied by large expanses of land meant for farming activities. The manors were the home of the medieval lords, who possessed considerable power and authority and were next to only the king in terms of their position.