Question

 

 Paul Sweezy on trade and decline of feudalism

26 Jul 2025
Answer :
Word Count : 298
Paul Sweezy, a Marxist economist and historian, offered a materialist interpretation of the decline of feudalism and the rise of capitalism in Western Europe. His analysis focused on the role of trade and market expansion as critical forces undermining the feudal mode of production. According to Sweezy, the growth of long-distance trade in the late medieval period—especially from the 11th century onward—created contradictions within the feudal system that eventually led to its decline. Feudalism, ______ __________ _____ __________ ________ ______ ______ ___ ___.
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