What were the main economic changes that occurred after the decline of the Feudal System?

History The Feudal System Questions



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What were the main economic changes that occurred after the decline of the Feudal System?

After the decline of the Feudal System, the main economic changes that occurred were the rise of capitalism, the growth of trade and commerce, the emergence of a money-based economy, and the development of a middle class. Additionally, there was a shift from agricultural-based economies to industrialization and urbanization, leading to the growth of cities and the establishment of a wage labor system.