<span>In the feudal system of the Medieval age, a Serf was a person who was bound to the land of his Lord. A Serf was required to service the Lord as requested. Typically, the peasant Serf would perform manual farm labor on the land and then any other duties requested by his Lord, in exchange for using part of the Lord's land to generate their own food.</span>
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Thanksgiving Day is a national holiday in the United States, and assortment of religious separatists seeking a new home where they only half of the Mayflower's original passengers and crew lived to see their first. In 1621, when their labors were rewarded with a bountiful harvest after a year of sickness and scarcity, the Pilgrims gave thanks to God and celebrated His bounty in the Harvest Home tradition with feasting and sport (recreation).
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The advantages of a market economy include increased efficiency, productivity, and innovation. In a truly free market, all resources are owned by individuals, and the decisions about how to allocate such resources are made by those individuals rather than governing bodies
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