Question

What are the conditions that were viewed as obstacles to the economic exchange and growth by the new
commercial classes during the 19th century in Europe?

Answer 1

Explanation:

(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

Answer 2

(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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