What kind of economy did liberal nationalism support?
Answer and explanation
Correct answer: An open, free-market economy with fewer trade barriers
Liberal nationalism was closely connected with economic liberalism. It favoured freer markets, the removal of internal customs duties, and easier movement of goods, people, and capital within a national territory. These measures encouraged economic integration and supported the interests of the emerging middle class. A closed economy, feudal obligations, or exclusive royal control contradicts the liberal economic principle.
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What is the correct answer to this question?
An open, free-market economy with fewer trade barriers
Why is this the correct answer?
Liberal nationalism was closely connected with economic liberalism. It favoured freer markets, the removal of internal customs duties, and easier movement of goods, people, and capital within a national territory. These measures encouraged economic integration and supported the interests of the emerging middle class. A closed economy, feudal obligations, or exclusive royal control contradicts the liberal economic principle.
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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