Developed in Europe after the collapse of the Roman Empire in 495 A.D.
Völkerwanderung
The main source of all wealth was agriculture.
Serf/serfdom
Feudal lords (aristocracy)
Free peasants
Allodial holdings
Three Forms of Rent
Labour rent
Rent in produce (rent in kind)
Money rent
Coronation of Charlemagne by Pope Leo III
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