Well, the Kings benefited a lot from this because they were the rulers of the land. The knights protected the land and were offered social status. The Serfs were the farmers and were given protection under the kingdom.
The president, at that date, was John F. Kennedy.
Answer: A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.
Explanation: