Question

Give an example of economic liberalism in Europe.

Answer 1

Answer:

a social market economy is a largely free market economy based on a free price system and private property, but it is supportive of .

At the center of classical liberal theory [in Europe] was the idea of laissez-faire.

Answer 2

Answer:

Here is your answer

Economic liberalism, also known as Liberal Capitalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. Although economic liberals can also be supportive of government regulation to a certain degree, they tend to oppose government intervention in the free market when it inhibits free trade and open competition

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