The Term Feudal - Less Favored by Historians - Was

question 8

Multiple Choice

The term feudal - less favored by historians - was introduced by

• A)modern-day scholars in describing the years 1000 to 1340.
• B)people who lived during the years 1000 to 1400.
• C)landlords of the time in referring to their serfs' obligations.
• D)after 1600 as a legal concept.
• E)the church, when addressing its members.

---

Definitions:

Buyer

An individual or entity that acquires goods or services in exchange for money, playing a crucial role in the dynamics of supply and demand in the marketplace.

Social-Cost Curve

illustrates the total cost of producing a good or service, including both private costs incurred by businesses and external costs borne by society.

Private Cost

The cost of a production activity that is directly borne by an enterprise.

Gallon

A gallon is a unit of volume measurement used primarily in the United States, equal to 3.785 liters.