what do you understand by liberalism describe the ideas in political social and economic sphere
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Liberalism is a political and moral philosophy based on liberty, consent of the governed and equality before the law. ... Liberals also ended mercantilist policies, royal monopolies and other barriers to trade, instead promoting free trade and free markets.
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In Europe, liberalism in political terms stood for equality, freedom, formation, and working of government by consent.
In meant that the middle class liberals demanded for the end of of monarchy.
Political liberalism also refer to the people choosing their own government.
Economic liberalism refers to the freedom of markets and the abolition of unjust duties on the movement of goods from one territory to the other
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