Question

Explain liberalism in politics and economic field prevailing in Europe in the 19th century.

Answer 1

Politacilly libersim emphasized on government based on consent. Government where constitution is supreme and based on the free will of people. Where parliment as a elected body represents symbol of democracy as refelcted in french revolution in 19th century

Answer 2

• The term ‘liberalism’ derives from the Latin root ‘Liber’, meaning free. It was an ideology that stood for freedom for the individual and equality of all before the law.

 

• Politically, liberalism stood for constitution, a representative government ruling by consent, a parliamentary system, ownership of private property and end of the privileges of aristocracy. 

• Economically, liberalism stood for freedom of markets, end of state restrictions on movement of goods and capital, creation of unified economic territory allowing unhindered movement of goods, people and capital.

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