QUENSY'S influential idea/feudalisn скачать в хорошем качестве

QUENSY'S influential idea/feudalisn

In this lecture we explain the economic ideas of François Quesnay and the concept of Feudalism in simple and easy words. François Quesnay was a famous French economist and the founder of the Physiocratic School of Economics. His theory explained that agriculture is the main source of wealth and he introduced the idea of Tableau Économique, which describes the circular flow of income in an economy. In the second part of this lecture, we explain Feudalism, a medieval economic and social system where land ownership determined power and wealth. The structure of the feudal system including Kings, Lords, Vassals, and Serfs is explained clearly.