Which conditions were viewed as obstacles to economic exchange and growth by the new commercial classes during the 19th century Europe?
Ans. Following were the obstacles viewed by the new commercial classes, to the economic exchange and growth during the 19th century Europe
(i) There was enormous increase in population all over Europe.
(ii) Population from rural areas migrated to the cities to live in overcrowded slums and could not afford to fulfill the basic needs.
(iii) Unemployment increased. In most countries, there were more job seekers than employment.
(iv) Cheap machine made goods from England were giving stiff competition to small producers of European Towns.
(v) The price of food inflated many folds due to bad harvest. It led to a widespread pauperism in European towns.