Which condition were viewed as obstacles …
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Yogita Ingle 5 years, 1 month ago
(i) The absence of freedom of markets.
(ii) State-imposed restriction on movement of goods and capital.
(iii) Time-consuming calculations resulting from a difference in currency, weight, and measurement.
(iv) The first half of the 19th century had low explosive population growth.
(v) Job-seekers were more and employment opportunities were less.
(vi) Small producers faced stiff competition from import of cheap machine-made goods.
(vii) Peasants struggled under the burden of feudal dues.
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