6. Explain the conditions that were …

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6. Explain the conditions that were viewed as obstacles to the economic exchange and growth by the new commercial classes during the nineteenth century in Europe.

Posted by Anku Mandal 3 years, 1 month ago

CBSE > Class 10 > Social Science

1 answers

Preeti Dabral 3 years, 1 month ago

Economic conditions that were viewed as obstacles in nineteenth-century Europe are as follows:

The absence of freedom of markets. State-imposed restrictions on the movement of goods and capital.
Napoleon's administration had created a different currency. weights, and measure for each of the 39 states in the confederation. Conversion of weights and measures for each region created time-consuming calculations and complications.
There were 11 custom barriers and 5% customs duty at each for carrying goods from one place to another.
The first half of the 19^th century had low explosive population growth. Job-seekers were more and employment opportunities were less.
Small producers faced stiff competition from the import of cheap machine-made goods. Peasants struggled under the burden of feudal dues.

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