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 ?

Explain the conditions that were viewed as obstacles to the economic e

1.	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 ?
Answer» (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. (v) Job-seekers were more and employment opportunities were less. (vi) Small producers faced stiff competition from import of cheap machine-made goods. (vii) Peasants struggled under the burden of feudal dues.