Question

What liberalism meant for economic class

Answer 1

Economic liberalism. Economic liberalismis an economic system organized on individual lines, which means the greatest possible number of economic decisions are made by individuals or households rather than by collective institutions or organizations.

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Answer 2

Answer:

Economic liberalism. Economic liberalism is a political ideology based on organizing the economy on lines of individual freedom. This means that economic decisions are made by the individual, not an organization. Economic liberals also believe in the free market and laisse faire economic policies.

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