Question

1. Define 'Economic Liberalismº​

Answer 1

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output.

Answer 2

Answer:

It is a political and economic philosophy based on strong support for a market economy and private property in the means of production.

Explanation:

Hope it helps.....

Mark as brainalist.......