The ideology of liberalism emerged which ended the state interference in the economic life of society freedom of market was achieved
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Answer:
The ideology of liberalism emerged with the 1848 revolution of liberals which ended the stae interference in the economic life of society and freedom of market was achieved.
The strong demand of emerging middle classes in Europe was the freedom of markets and the abolition of state imposed restrictions on the movement of goods and capitals.
The economic ideas supported by liberal revolutionaries were :
i) Liberals urged to the end of state interference in economic life os society.
ii) They fought for the freedom of markets and abolition of state imposed restrictions on movement of goods and capital.
iii) In 1834 a custom union, Zollverein was formed by Prussia and German States. The union abolished tariff barriers and reduced the number of currencies from every thirty to two.
iv) Liberals wanted to cherish a world were there was freedome of trade and other restrictions on guilds.
v) The economic ideas of liberal revolution were mostly supported by liberals of Germany. But the effect of 1848 liberal revolution was felt all around the Europe.