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.
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(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.
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ap sst ab kyu phad rahi ho itna ji
following are the condition that was used as a economic exchange and growth why did the new commercial classes during the 19th century in Europe
- restriction were put on the movement of goods capital and people by many states
- there was a problem of time consuming calculation due to the different system of weight and measure in different configuration
- there was problem of price rise and delay in supply of goods cute so many check force and custom duties
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