What did liberalism mean in political and economic field?
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Liberalism is a political and economic doctrine that emphasizes individual autonomy, equality of opportunity, and the protection of individual rights (primarily to life, liberty, and property), originally against the state and later against both the state and private economic actors, including businesses.
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Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. ... Economic liberalism is associated with free markets and private ownership of capital assets.
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