Explain Why Austria Failed to Control German Affairs

question 23

Essay

Explain why Austria failed to control German affairs.What was the ethnic make-up of the Empire? What were the major obstacles hindering Austrian success? Detail and explain how Austria lost the war with Germany in 1866.What contributed to the loss? What effect did nationalism have on the peoples of Eastern Europe?

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Definitions:

Merchant Capitalism

An economic phase in which merchants' wealth is accumulated through trade and the exploitation of international commerce, often preceding industrial capitalism.

Commercial Use

The exploitation of products, services, or activities with the primary goal of generating profit and economic growth.

Seafaring Trade

The exchange of goods and services across the seas and oceans, requiring navigational and maritime skills developed throughout human history.

Informal Economy

Economic activities that occur outside of formal regulatory frameworks, often lacking in legal protection and involving cash-based transactions.