Describe important features of political and economic liberalism
Answers
Answer:
In Europe, liberalism in political terms stood for equality, freedom, formation and working of government by consent. It meant that the middle class liberals demanded for the end of monarchy and wanted the country to become a republic where people had freedom to express themselves. Political liberalism also refers to people choosing their own government.
Economic liberalism refers to the freedom of markets and the abolition of unjust duties on the movement of goods from one territory to the other.
Explanation:
Answer:
Liberals espouse a wide array of views depending on their understanding of these principles, but they generally support individual rights (including civil rights and human rights), democracy, secularism, freedom of speech, freedom of the press, freedom of religion and a market economy.