The Dismantling of the Old Manorial System Inherited from the Middle

question 2

Multiple Choice

The dismantling of the old manorial system inherited from the Middle Ages resulted in

• A) increased agricultural productivity.
• B) increased rural poverty.
• C) new opportunities for manufacturing entrepreneurs.
• D) substantial migration to the cities.
• E) all of the above

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Definitions:

Closed Economy

An economic system that does not interact with other economies in terms of trade, investment, or capital flow.

Households

Economic units consisting of all individuals who occupy a home, which participate in economic decisions.

Loanable Funds

A term in economics referring to the market where savers supply funds for loans to borrowers, influenced by interest rates.

Induces

Induces means to lead or move someone to take action, often by persuasion or influence.