Final answer:
The English Feudal System was replaced by capitalism during the industrial era, marking a shift from hierarchical, land-based economy to one driven by capital investment and individual ownership.
Step-by-step explanation:
The system of land ownership that replaced the English Feudal System was capitalism, which emerged with the technological advances of the industrial era. The feudal system, with its hierarchies and land-based economy, gave way to a new social and economic order as productivity increased and new forms of enterprise developed. This represented a shift from landholding nobilities granting protection and rights over lands (fiefs) to individual ownership and capital investment becoming the primary economic drivers.