Explain the theory of liberalism
(Please i need answer ASAPASAPㅠ^ㅠ)
Answers
Answer:
Liberalism is a political and economic doctrine that emphasizes individual autonomy, equality of opportunity, and the protection of individual rights (primarily to life, liberty, and property), originally against the state and later against both the state and private economic actors, including businesses.
Liberalism sees the process of globalisation as market-led extension of modernisation. At the most elementary level, it is a result of ‘natural’ human desires for economic welfare and political liberty. As such, transplanetary connectivity is derived from human drives to maximise material well-being and to exercise basic freedoms. These forces eventually interlink humanity across the planet.
They fructify in the form of:
● Technological advances, particularly in the areas of transport, communications and information processing, and,
● Suitable legal and institutional arrangement to enable markets and liberal democracy to spread on a trans world scale.