This was a profound change from the feudal economy.
Though his subject is the feudal economy, the poet's themes are essentially moralistic.
After all, the Confederacy is still in large measure a feudal economy.
The party placed great emphasis on eliminating the feudal economy and building a basis for socioeconomic development.
The economic cycle of the feudal economy had reached its optimum level; afterward, the economy began to shrink.
It's true for feudal economies, mercantile economies and capitalist economies.
In his inaugural address, Árbenz promised to convert Guatemala from "a backward country with a predominantly feudal economy into a modern capitalist state."
The new administration was frequently harsh sometimes even repressive making the long established feudal agricultural economy even more difficult and even uneconomic.
Wallerstein traces the rise of the world system from the 15th century, when European feudal economy suffered a crisis and was transformed into a capitalist one.
Before the 16th century, Europe was dominated by feudal economies.