Question

What was the origin of liberalism? Define it’s economic sphere. ​

Answer 1

Answer:

Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. ... Historically, economic liberalism arose in response to mercantilism and feudalism

Answer 2

Explanation:

• 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.