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Mercantilism vs Feudalism - What's the difference?

mercantilism | feudalism |

As nouns the difference between mercantilism and feudalism

is that mercantilism is an economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable" while feudalism is a social system based on personal ownership of resources and personal fealty between a suzerain (lord) and a vassal (subject). Defining characteristics are direct ownership of resources, personal loyalty, and a hierarchical social structure reinforced by religion.

mercantilism

English

Noun

(-) (wikipedia mercantilism)
  • An economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable".

    • feudalism

    English

    (wikipedia feudalism)

    Noun

  • A social system based on personal ownership of resources and personal fealty between a suzerain (lord) and a vassal (subject). Defining characteristics are direct ownership of resources, personal loyalty, and a hierarchical social structure reinforced by religion.

    • Related terms

    * feudal * feudalistic

    See also

    * capitalism * communism * monarchy * peasant * serf * suzerain * vassal

    Anagrams

    * English words suffixed with -ism ----