Feudalism

Real World Example

Feudalism was a medieval European system where land was exchanged for service or labor, creating a structured society with kings, nobles, knights, and peasants. It emerged to provide stability and protection after the fall of the Roman Empire, addressing the chaos and insecurity of the time. This system was important because it established a hierarchy that organized society and provided mutual obligations, ensuring local governance and security. Today, feudalism's remnants can be seen in the idea of exchanging services for benefits, like how some people trade their skills or time for housing or education. For example, a student might work part-time at a university to help pay for their tuition, reflecting the same exchange of service for resources seen in feudal times.