Which conditions were viewed as obstackles …

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Which conditions were viewed as obstackles to economic exchange and growth by the new commerical classes during the 19th century Europe

Posted by Govinda Mohankuda 5 years, 8 months ago

CBSE > Class 10 > Social Science

1 answers

Meghna Thapar 5 years, 6 months ago

Following were the conditions that were viewed as obstacles for economic growth and exchange by the new commercial classes during 19th century:-
1.There were many state imposed restrictions on the movement of goods, capital and people across different places.
2.There was no freedom of markets.
3.For example, in the German confederation of 39 states set up by Napolean, all the states had different system of weights and measures and different currencies. Since duties were charged on the basis of weight and measurement of the goods, the process of levying duties was very time consuming.

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