The basic economic ideology concerning market activity in Feudal times arose from the Church via Canon Law and enforced by religious beliefs and the guilds.

Name, describe, and explain two important factors that helped undermine the feudal economic structure and open the door for the emergence of the mercantile society. Be sure to include an explanation of why these factors were important. These elements may have an ideological, political, or economic connection.

What was the basic economic ideology concerning market activity in Feudal times? In other words, what was considered 'acceptable 'bad' and why?

Explain why some countries were particularly vulnerable to the Asian contagion, while others escaped unscathed. Discuss the important factors that help explain Asia's path to economic recovery following the Asian currency crisis.

What are the most important factors that contribute to productivity growth in the market economy?