Which statement best explains the economic aspect of liberalism?
Answer and explanation
Correct answer: Free markets and the free movement of goods should be encouraged
The economic aspect of liberalism favoured free markets, fewer internal trade restrictions, and the movement of goods and capital. Such policies helped combine small regional markets into a wider market. Option C is correct because it expresses this principle; the other options support royal control, exclusion, or economic isolation, which contradict liberal economic liberalism.
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What is the correct answer to this question?
Free markets and the free movement of goods should be encouraged
Why is this the correct answer?
The economic aspect of liberalism favoured free markets, fewer internal trade restrictions, and the movement of goods and capital. Such policies helped combine small regional markets into a wider market. Option C is correct because it expresses this principle; the other options support royal control, exclusion, or economic isolation, which contradict liberal economic liberalism.
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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