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Standard X
History
Economic Depression
Explain econo...
Question
Explain economic hardships that Europe faced in the 1830s.
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Solution
Dear student,
The economic hardships faced in Europe during 1830s were :
The ratio of the rise of the population was larger than that of employment generation.
The migration of rural population to cities led to overcrowded slums.
Small producers in towns (especially textile-producing industries) were often ousted by the import of cheap machine-made goods from England.
Peasants still suffered under the burden of feudal dues and obligations in some regions of Europe.
Rise in food prices or a year of bad harvest left the country poorer.
Regards,
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