Feudal system was a system of land ownership based on political and economical base. In medieval Europe, the status of a person was based on the extent land owned by him. The income from the land was the sole means of earning. The king used to distribute lands to noblemen. Noblemen used to distribute those lands to farmers. In nutshell, the feudal system was a designed to fulfill specific services.

Feudalism can be called as an agreement between powerful lords and weak farmer. The powerful men who owned the lands were called ‘Nobel’ and the people who took land from them are called ‘vassal’. The Nobel man has the duty of protecting the weak vassal, and the vassal in turn had to offer few services.

Feudalism system was based on mutual giving and taking. This system emerged in all classes, organizations and associations during medieval period. Unfortunately the feature and structure of this system never got implemented uniformly.

The land held by the vassals was considered a gift given by the ruler. Feudalism consisted of two important traditions: the first one was ‘Investiture’. Under this tradition, the lord gave assurances of justice and protection to the vassal while the land. The second one was ‘Homage’ (handing down of power according to customs): under this tradition, the vassal promised loyalty and service to the feudal lord.

With effect of Feudalism, there were visible changes in the economic system. The power of Barbarians was brought under control. The human beings realized their rights and duties under the system. Feudalism slowly nourished the emergence of cities.