DEVS 240 Study Guide - Final Guide: Cultural Hegemony, Cultural Capital, Edward Said

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Hierarchical system of production organized around manors. Based on the labour of serfs tied to the land. Every economy must produce enough to keep its participants alive, and to allow production to continue next year. Replace inputs to production (ex. seeds for next years crop) Production about and beyond this is the surplus. It can be consumed, invested or wasted. Control and use of the surplus is a key dimension of economic organization. Small-scale artisan and industrial-type products, such as textiles and services such as transportation. Beginning in 1300, a dramatic fall in agricultural production due to technological stagnation, worsening of climate. Confronted with increasing war expenditure, the military aristocracy had to extract more surplus from its serfs. The general crisis of feudal society prompted fractured european groups towards exploration of new frontiers. This outward movement later led to events that completely transformed the course of history.

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