‘The decade of 1830 had brought great economic hardship in Europe’.Support the statement with arguments.
The decade of 1830 had brought great economic hardship or crisis in Europe.
The following are the arguments to support this statement
(i) There was an enormous increase in population all over Europe. As a result unemployment became a common feature in most of the countries.
(ii) Migration of rural people to the cities further made the situation worse. Small scale producers in towns sometimes faced with stiff competition from rural areas where production was carried out mainly in homes or small workshops. These products imported from rural areas were obviously cheaper than the town-made products.
(iii) Due to population, the demand of foods increased. It led to the rise of food prices. This increased price along with a year of bond harvests led to widespread pauperism in town and country.