Question

Explain any four ideas of liberal nationalists in the economy. Answer in 70-100 words(Class 10th History Ch-1) ​

Answer 1

Answer:

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Liberal Nationalism stood for many things- individual freedom, equality before the law, representative government & constitution as well as the inviolability of private property. Liberal Nationalists in the economic sphere:

1. Liberalism stood for freedom of markets. They wanted to remove all restrictions of state on the movement of goods and capital.

2. Napoleon's regime had created different currencies, weights, measures and customs duties for each state. Liberalists wanted a unified economic territory.

3. A customs union from Prussia that was joined by many German states removed all tariffs and reduced the currencies from thirty to two.

4. The economic nationalism and unification further contributed to the nationalist sentiments.