Answer:
Advantages and Disadvantages of Feudalism
Feudalism played a major role in the Middle Ages. It drew a clear line separating different social classes and created codependency between the rich and the poor. Like any complicated economic system, there were advantages and disadvantages. Understanding the fundamental concepts, benefits and drawbacks of feudalism can provide insight into humanity's economic and social history.
Feudalism was a social and political system practiced in Europe, Japan and China during the Middle Ages. It was a mutual agreement between a lord and his subordinates. In the middle of the hierarchy were the lord's vassals. These people were nobility who swore an oath of loyalty to their lord. It was essentially a contract created for mutual benefit. In exchange for some land and protection, vassals were required to provide a certain amount of military service. This exchange granted security for vassals and significant financial gains for their lord. At the bottom of the pyramid were the serfs. Serfs were peasants who worked the land and provided surplus goods and taxes to the lord and his vassals.
Advantages,
A general advantage of feudalism was the stability that it brought. Serfs supported the infrastructure by providing essential goods and services. This, combined with an organized system of protection, helped maintain a steady balance that kept the kingdoms running. Although this system was instrumental for social order, the true advantages were felt by the lord and his close associates. They enjoyed vast material gain at the expense of the serfs.
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