Question

Assertion(A): In the economic sphere, liberalism stood for the freedom of markets and the abolition of state-imposed restrictions. Reason(R): The new commercial classes argued for the creation of unified economic territory allowing the unhindered movement of goods, people and capital.
Reason(R):The new commercial classes argued for the creation of unified economic territory allowing the unhindered movements of goods,people and capital​

Answer 1

Answer:

Freedom of markets

Liberalism definition is - the quality or state of being liberal. How to use liberalism in a sentence. In the economic sphere, liberalism stood for the freedom of markets and the abolition of state- imposed restrictions on the movement of goods and capital. During the nineteenth century this was a strong demand of the emerging middle classes.