Final answer:
The manorial system had a significant impact on the medieval European economy, limiting growth and development, hindering urbanization, and inhibiting the emergence of a middle class and entrepreneurship.
Step-by-step explanation:
The manorial system had a significant impact on the economy during the medieval period in Europe. Manors were self-sufficient estates owned by the nobility, where serfs lived and worked. The economy of the manor was based on agriculture, with the serfs laboring on the lord's land and producing goods for their own consumption and for the lord.
The manorial system affected the broader economy in several ways. First, it limited economic growth and development. The focus on subsistence farming meant that there was little surplus for trade or economic expansion. Second, the lack of mobility and economic opportunities for serfs hindered the development of towns and cities as centers of trade and commerce. Third, the manorial system limited the emergence of a middle class and entrepreneurship. With production and distribution controlled by the nobility, there were fewer opportunities for individuals to accumulate wealth and drive economic growth.