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Question

What does liberalism stand in the economic sphere?

A
Freedom of markets
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B
Control over markets
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C
Heavily taxing goods sold in the markets
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D
Imposition of restrictions on the movement of goods across territories
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Solution

The correct option is A Freedom of markets
Liberalism definition is - the quality or state of being liberal. How to use liberalism in a sentence. 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. During the nineteenth century this was a strong demand of the emerging middle classes.

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