Question

interpret the concept of liberalisation in the field of economic sphere during the 19th century in europe​

Answer 1

Answer:

The term liberalization refers to the process in which a state removed all the restrictions on the private activities of the individual. Certain government regulations are relaxed and the ban on certain activities is lifted. Overall it refers to the reduction of the state involvement in the economy.

The concept of liberalization in the field of the economic sphere stood for the freedom of the markets and the abolition of all the state-imposed restrictions in the movement of goods and capital.

Explanation:

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