Question

What do you understand by economic liberalism?

Answer 1

Economic liberalism is a political ideology based on organizing the economy on lines of individual freedom, meaning that economic decisions are made by the individual, not an organisation. Economic liberals also believe in the free market .

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Answer 2

HELLO!!!!.
ECONOMIC LIBERALISM is the economic system organised on individual lines which means the greatest possible number of economic decision are made by individuals or households rather than by collective institutions or organizations..
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