Question

Explain the conditions that were viewed as obstacles to the economic exchange and growth by the new commercial classes during the 19 th century in europe.

Answer 1

Answer:

The conditions that were viewed as obstacles to the economic exchange and growth by the new commercial classes during the 19 th century in europe are as following:-

(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.

Answer 2

Explanation:

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