explain the obstacles of the economic growth of europe in the mid 18th century
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Solution
During the eighteenth century, the economic obstacles confronting Europe were as follows:
In the case of German-speaking regions, in the confederation of 39 states each of these possessed its own currency, weights and measures.
Duties were levied based on the weights or measurement of the goods.
This involved time-consuming calculations, as each region had its own system of weights and measures,
Such conditions presented obstacles to economic exchange and growth by the new commercial classes and they pressed for the creation of a unified economic territory, permitting the unconstrained movement of goods, people, and capital.