Question

Explain the term liberal Nationalism. How its
growth help in promoting economic nationalism

Answer 1

Answer:

Civic nationalism, also known as liberal nationalism, is a form of nationalism identified by political philosophers who believe in an inclusive form of nationalism that adheres to traditional liberal values of freedom, tolerance, equality, and individual rights

Economic nationalism tends to emphasize industrialization (and often aids industries with state support), due to beliefs that industry has positive spillover effects on the rest of the economy, enhances the self-sufficiency and political autonomy of the country, and is a crucial aspect in building military power.

Answer 2

Answer:

Liberal nationalism also helped to create economic nationalism in following ways: It stood for freedom of markets and abolition of state imposed restrictions on movement of goods and capital. It also favoured abolition of multiple currency system. It supported common weight or measurement system .