The system of feudalism needed a lot of workers, who were tied to the land, and had to deliver a part of their harvest to their lords. The farmers generally had a poor life and struggled to make enough both for themselves and for the lords, but the lords benefited from this, as they had many farmers paying them a part of their harvest
Before the plague, the land was scarce, but people plenty, which meant that the farmers could not set conditions on their work. After the plague the number of farmers decreased, and there was a lot of work needed, so the farmers could search for a different place to work, if the feudal lords were demanding too much,.
Economic indicators reveal the statistics of economic activity.
Explanation:
Economic indicators judge the overall condition of a particular country' economy. The main purpose of economic indicator is to attract the foreign investments. There are three categories of economic indicators, they are lagging, coincident and leading indicators respectively.
GDP, debt cycles, inflation, Exchange rate stability, interest rates, gold price, crude oil price, stick markets variations and a country ' financial budget are the economic indicators to observe whether the economy is in boom or in the trajectory of recession and depression. Business cycles are also an important economic indicator.
<span>Oligopoly is the type of market that has few number of firms but controls the market for a certain service or product. An example would be the auto industry - Chrysler, GMC, and Ford. So the best example in the question above is 2. Since it is setting a price to maximize output level rather than lowering the price.</span>
Arraignment is the awnser
