Question

write a note on liberalism and economic life of europe in 19th century ? ( Class-10, history)
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Answer 1

Answer:

(i) The ideology of liberalism was an important factor which promoted the sense of nationalism, and the nation state. The term, liberalism has been derived from the Latin word, 'liber' meaning 'free'. Different people interpreted the meaning of liberalism differently in their own ways.

(ii) For the new middle classes liberalism stood for the freedom of the individual and equality of all before the law.

(iii) Politically, it meant the concept of government by consent.

(iv) For some, it meant having the right of private property.

(v) In the economic sphere, liberalism stood for the freedom of markets. The traders demanded free movement of goods and capital.

Explanation:

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