Question

What did Liberal Nationalism stand for? Explain any four ideas of Liberal Nationalists in the economic sphere. (2011 OD)​

Answer 1

Answer:

Explanation:

Liberalism or Liberal Nationalism stood for freedom for the individual and equality of all before the law.

Four 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 anion 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.