what is feudal privilege
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Adam Smith used the term "feudal system" to describe a social and economic system defined by inherited social ranks, each of which possessed inherent social and economic privileges and obligations.
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Feudalism was a combination of legal and military customs in medieval Europe that flourished between the 9th and 15th centuries. Broadly defined, it wasa way of structuring society around relationships derived fromthe holding of land in exchange for service or labour.
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