Question

Why was the decade of 1830s known as.Co a great economic hardship in europe ? Explain any 3 reasons?

Answer 1

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✔️ The first half of the 18th century saw an enormous increase in population all over Europe. The employment opportunities were very scarce as there more job seekers than employment.

✔️ Population from rural areas migrated to the cities to live in overcrowded slums.

✔️ Small producers in town were often faced with stiff competition from imports of cheap machine-made goods.

✔️ In Europe, the aristocracy still enjoyed power, peasants struggled under the burden of fuedal dues and obligations.

✔️ The rise of food price and bad harvest led to widespread pauperism around the country.

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