Advantages and Disadvantages of Feudalism

Advantages and Disadvantages of Feudalism

Feudalism can be defined as the identification of landed property with sovereignty - sovereignty over a parcel of land which becomes a private hereditary possession and an asset to the family. The king on receiving his fief or feud (feudalism) or estate was entrusted with sovereignty over all persons living on it. He became their law-maker, their commander and the judge.

Local Governments Sources of Revenue

Sources of Revenue for Local Governments || In order to perform their statutory functions, local governments need financial resources. They get their money from several sources but the most important are government grants and locally-imposed taxes, two sources which constitute about 80 percent of their total revenue.
Mongol Empire

Mongol Empire: Meaning, History, Emperor & Decline

The Mongol Empire was an imperial state of Central Asia, founded in 1206 by Genghis Khan, who managed to impose his authority over all Mongolian tribes. It is the second largest empire in history, after the British Empire, as it covered some 24,000,000 km². It included the present territories of Mongolia, China, Korea, Iran, Iraq, Afghanistan, Kyrgyzstan, Uzbekistan, Turkmenistan Kazakhstan, and parts of Turkey and Russia. It stretched from the Danube River in Europe to the Korean (South & North) Peninsula in Asia.