Exploration and trade led to the growth of capitalism. This system is based on investing money for profit. Merchants gained great wealth by trading and selling goods from around the world. They then could use their profits to finance other voyages and to start trading companies.
The Federalists prominently worried about mob rule in the United States, writing about it throughout their Federalists papers. As such, Federalists wanted calm enlightened educated elites to run the country on behalf of all citizens.
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Explanation:
A feudal contract was an exchange of pledges established by custom and tradition that created the economic and political relationship between lords and vassals, or lesser lords. It was based on an exchange of land for loyalty and military service. ... A fief was an estate bestowed upon a vassal by a greater lord.
Serfs who occupied a plot of land were required to work for the lord of the manor who owned that land. ... Serfs were often required not only to work on the lord's fields, but also in his mines and forests and to labor to maintain roads.