what is liberalism stood in the economic sphere??
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In the economic sphere, liberalism stood for the freedom of markets and the abolition of state- imposed restrictions on the movement of goods and capital. During the nineteenth century this was a strong demand of the emerging middle classes.
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The term liberalism is derived from the Latin root liber meaning free.
In the economic sphere, liberalism stood for the freedom of the market and the abolition of state-imposed restrictions on goods and capital.
This was the strong demand of the emerging Middle classes.
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