Explanation:
This concept brings us back to the lords and vassals from Ganshof's definition of feudalism and to the political aspects of the system. Homage is the swearing of loyalty to the lord who has granted the land. ... Feudalism and land tenure, at its core, is an economy of exchanging control › hisFeudal Economics - Mythic Scribes
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Is the feudal system an economic system?
Feudalism, as an economic system,is often confused with the characteristics of specific feudal societies. For example, in Western European feudalism, there were specific cultural and political conditions by which feudal lords reproduced their monopolistic position.
› sgabriel