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What did liberals generally support in the economic sphere?

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Answer and explanation

Correct answer: Freedom of markets and trade

The governing concept is economic liberalism, which favoured freedom of markets, trade and enterprise. Liberals wanted internal customs barriers and restrictions that interrupted the movement of goods to be reduced or removed. This encouraged a unified economic area and wider opportunities for merchants. Therefore, option A is correct. Options B, C and D represent protection, feudal privilege or royal monopoly, all of which conflicted with liberal economic principles.

Related tags

NationalismEuropean LiberalismEconomic FreedomTradeThe Age Of IndustrialisationSocial ScienceClass 10 Mcq

Frequently asked questions

What is the correct answer to this question?

Freedom of markets and trade

Why is this the correct answer?

The governing concept is economic liberalism, which favoured freedom of markets, trade and enterprise. Liberals wanted internal customs barriers and restrictions that interrupted the movement of goods to be reduced or removed. This encouraged a unified economic area and wider opportunities for merchants. Therefore, option A is correct. Options B, C and D represent protection, feudal privilege or royal monopoly, all of which conflicted with liberal economic principles.

Which subject and chapter does this question cover?

This is a Class 10 Social Science question. Chapter: The Age of Industrialisation. Topic: The Making of Nationalism in Europe (Aristocracy, New Middle Class, Liberal Nationalism).

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