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Historical Evaluation of Economic
              System
1.Primitive Communal system


2.Slave Social Economic System


3.Feudal Social System
1. Primitive Communal System

 Initial stage in the existence of human society

Poor labour productivity

 Co-operation and mutual assistance among
 people ( Collective labour )
 Communal ownership of the production

Equal distribution of resources

 No state, no class, no law in the society

 Social intercourse based on moral norms and
 customs
Eradication of Collective Labour and
         Communal Economy

 with the emergence of improved instruments of
  production 

 possibility arose of working alone or in families
 people switched over to privately managed
  economies
 Private property ownership
 Antagonism appeared between slaves and
  slave owners

 Politics and laws rose due to inception of
  classes and class struggle
2. Slave Social Economic System
Productive labour force existed due to private
 property

Labourers are treated as a property (talking
 instrument of labour)

 Society's affaires were managed by the state
 three types of social classes
 Slave owners
 Slaves
 independent labourers

 Examples for the system :- ancient
 Greece, Rome and Egypt
 slave system eradicated due to improvements
 of technology and class struggles
3. Feudal Social System
 Production relations were based on the
 feudal ownership of the land
 Labourers were sold, punished and forced to
 work by the lords for their own benefits
 Also had a personal economic sector based
 on personal labour
 Peasants received a plot of land from land
 lord and they had to either pay in cash, labour
 ect. in return to the feudal lord

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Historical Evaluation of Economic System

  • 1. Historical Evaluation of Economic System
  • 2. 1.Primitive Communal system 2.Slave Social Economic System 3.Feudal Social System
  • 3. 1. Primitive Communal System Initial stage in the existence of human society Poor labour productivity Co-operation and mutual assistance among people ( Collective labour )
  • 4. Communal ownership of the production Equal distribution of resources No state, no class, no law in the society Social intercourse based on moral norms and customs
  • 5. Eradication of Collective Labour and Communal Economy with the emergence of improved instruments of production possibility arose of working alone or in families people switched over to privately managed economies Private property ownership
  • 6. Antagonism appeared between slaves and slave owners Politics and laws rose due to inception of classes and class struggle
  • 7. 2. Slave Social Economic System Productive labour force existed due to private property Labourers are treated as a property (talking instrument of labour) Society's affaires were managed by the state
  • 8. three types of social classes Slave owners Slaves independent labourers Examples for the system :- ancient Greece, Rome and Egypt slave system eradicated due to improvements of technology and class struggles
  • 9. 3. Feudal Social System Production relations were based on the feudal ownership of the land Labourers were sold, punished and forced to work by the lords for their own benefits Also had a personal economic sector based on personal labour Peasants received a plot of land from land lord and they had to either pay in cash, labour ect. in return to the feudal lord