briefly describe the concept of liberalism which developed in the Europe in early 18th century?
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Answer:
Political liberalism:
i) It stood for equality before the law.
ii)Revolutionary France marked the first political experiment in liberal democracy in which right to vote and get elected was granted exclusively to property-owning men.
iii)Men without property, and all women were excluded from political rights.
iv)Throughout the 19th and 20th centuries, women and non-propertied men organised opposition movements demanding equal political rights.
Economic liberalism:
i)It stood for freedom of markets and the abolition of state-imposed restrictions on the movement of goods and capital.
ii)Customs Union or ‘zollverein’ was formed in Prussia, joined by most oLthe German states.
iii)The Union abolished tariff barriers and reduced the number of currencies from thirty to two.
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