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Final answer:
The hacienda system in Mexico and Middle America was a form of exploitative work and debt cycles comparable to feudalism, where wealthy landowners controlled vast rural estates.
Explanation:
The hacienda system was a system of work and debt cycles similar to the feudal system in Europe, prevalent in Mexico and other parts of Middle America. Under this system, wealthy European colonial masters owned large rural estates and exploited Amerindian peasants by keeping them in perpetual debt, preventing them from leaving the land. The haciendas were crucial in the colonial economy, along with plantations and mines.
Learn more about Hacienda system in Mexico here:
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