Choose the given statement that is true/false:

There were no obstacles to the economic exchange and growth of the new commercial classes during the 19th century in Europe.

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True

False

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Detailed Solution

The above statement is false.
There were obstacles to the economic exchange and growth of the new commercial classes during the 19th century in Europe.
The following circumstances were seen as obstacles to economic growth and exchange by the new commercial classes in Europe throughout the 19th century.
1)      A lack of market flexibility was present. Restrictions put by the government on the flow of capital and products.
2)      Napoleon's administrative reforms had replaced the former principalities with a confederation of 39 states. Each of these used its own weights and measurements as well as currency. This required lengthy calculation because each region has its own weights and measures system.
3)      In order to sell his products in 1833, a merchant traveling from Hamburg to Nuremberg would have had to walk through 11 customs checkpoints and pay a customs fee of almost 5% at each one.
4)      Imports of low-cost machine-made goods put pressure on small producers.
5)      A load of feudal dues made life difficult for peasants.

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