Exploitation, Ancient Mode of Production, Feudal Mode of Production, Capitalist Mode of Production, Bourgeoisie.
2. Ancient Mode of Production : It refers to a situation on enslavement of labour. Two classes that exist in medieval these stages are called masters and slaves.
3. Feudal Mode of Production : This is characterized by serfdom and found in feudal societies of the Western Europe.
4. Capitalist Mode of Production : This is characterized by wage earning and is found in capitalist societies.
5. Bourgeoise : These are those few who own the means of production in a capitalist society. They enjoy both economic and political power.
Asiatic mode of Production, Dialectical materialism, Historical materialism, Class Antagonism.