what did liberal nationalism stand for explain any four ideas of liberal list in economic is sphere
Answers
Answer: Liberal Nationalism stood for many things- individual freedom, equality before the law, representative government & constitution as well as the inviolability of private property. Liberal Nationalists in the economic sphere:
1. Liberalism stood for freedom of markets. They wanted to remove all restrictions of state on the movement of goods and capital.
2. Napoleon's regime had created different currencies, weights, measures and customs duties for each state. Liberalists wanted a unified economic territory.
3. A customs union from Prussia that was joined by many German states removed all tariffs and reduced the currencies from thirty to two.
4. The economic nationalism and unification further contributed to the nationalist sentiments.
Explanation:
Answer:
Liberalism or Liberal Nationalism stood for freedom for the individual and equality of all before the law. Lour ideas of Liberal Nationalists in the economic sphere are:
Liberalism stood for freedom of markets and abolition of state imposed restriction. For example, Napoleon’s administration was a confederation of 29 states, each of these possessed its own currencies, weight and measures. Such conditions were viewed as obstacles to economic exchange.
Liberal Nationalists argued for the creation of a unified economic territory allowing the unhindered movement of goods, people and capital.
In 1834, a customs union or ” zollverein” was formed. The union abolished tariff barriers and reduced the number of currencies from 30 to 2.
The creation of a network of railways further stimulated mobility, harnessing economic interest to national unification.
Explanation: