Explain the concept of economic liberalism which developed in Europe in the 18th century.
Or
Explain any four ideas of liberal nationalists in the economic spheres.
Ans:
(i) 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.
(ii) The system also favoured abolition of multiple currency system.
(iii) The system also supported common weight or measurement system.
(iv) Creation of unified economic territory.
EduZARA 