Question

What was viewed as an obstacle to economic change and growth by new commercial classes?

• A. Absence of railways
• B. Limited suffrage
• C. Custom duties
• D. Reduced status of women

Answer 1

Answer: (C)

Custom duties

Following were the conditions that were viewed as obstacles for economic growth and exchange by the new commercial classes during 19th century:-

1. Custom duties was an obstacle to economic change and growth by new commercial classes.

2. There were many state imposed restrictions on the movement of goods, capital and people across different places.

3. There was no freedom of markets.