According to lecture, most people in feudal England were either lords or serfs. Lords had lands that serfs customarily used for farming, hunting, fishing etcetera. Serfs kept much of what they produced for their own families, and were also expected to contribute goods to the lords. The lords used much of those goods to support their own often-lavish lifestyles, used some to help families in need, and used some to host celebrations and festivals. The two major forms of resource allocation used in this economy were:
Group of answer choices
householding and redistribution
reciprocity and redistribution
market and redistribution
householding and market
reciprocity and market