Explain the relationship between economic and political liberty
Answers
Answer:
ECONOMIC LIBERTY :-Economic liberty is the ability of people of a society to take economic actions.This is a term used in economic and policy debates as well as in the philosophy of economics.
POLITICAL LIBERTY:-The state or condition of those who are invested with the right effectually to share framing and conducting the government under which they are politically organized -compare individual liberty.
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Answer:
Politics studies power relations and their relationship to achieving desired ends. Philosophy rigorously assesses and studies a set of beliefs and their applicability to reality. Economics studies the distribution of resources so that the material wants of a society are satisfied; enhance societal well-being.
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