what were the main aspects of economic liberalism ?
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In Economics sphere, liberalism stood for the freedom of Markets and the abolition of state imposed restrictions on the movement of goods and capitals.
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- ==>> Economic liberalism is associated with free markets and private ownership of capital assets. Historically, economic liberalism arose in response to mercantilism and feudalism. Today, economic liberalism is also considered opposed to non-capitalist economic orders such as socialism and planned economies.
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