Discuss on classical LIBERAL theory?
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Classical liberalism is a political ideology and a branch of liberalism that advocates civil liberties under the rule of law with an emphasis on economic freedom. ... As a term, classical liberalism was applied in retrospect to distinguish earlier 19th-century liberalism from social liberalism.
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Emphasizing individual economic freedom and the protection of civil liberties under the rule of law, classical liberalism developed in the late 18th and early 19th centuries as a response to the social, economic, and political changes brought on by the Industrial Revolution and urbanization in Europe and the United States.
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