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Theories of Economic Developmenteconomics-mcqs › theories-of-economic-development
Published
27 May 2019
Last updated
28 May 2026

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Which factors contributed to the decline of feudalism?

Multiple choice question for Theories of Economic Development. Select an option, then review the explanation below.

Choose the correct answer

Explanation

The weakening of feudalism was primarily caused by factory competition challenging traditional handicrafts and manorial production (II), as well as the growth of transportation, trade, and the discovery of new international markets (III). While the migration of serfs to towns (I) also played a role, the combination of II and III had a more direct impact. The rise of business corporations (IV) was less influential in this decline.

Practice related questions from the same subject.

  1. 1.What is the fundamental distinction between capitalism and socialism?
  2. 2.According to Baran, what factors contribute to the underdevelopment of Asia, Africa, and Latin America?
  3. 3.What does the acronym OECD represent?
  4. 4.According to Rosenstein-Rodan, where does a significant indivisibility primarily exist?
  5. 5.What does the Vicious Circle theory suggest about poverty?

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