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| 1. |
The term liberalism |
| Answer» ● Liberalism derived from a Latin root Iiber meaning free● It has different meaning with respect to different people.● For the middle class it stood for the freedom of individuals and equality before law.● Politically it emphasize the concept of government by consent. Since the French Revolution it had stood for the the end of autocratic powers and encouraged the elected representative parliament.● In economic terms it stood for the freedom of Markets and abolition of state imposed restrictions on the movement of goods and capital. | |