What do you know about economic …

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What do you know about economic liberalism

Posted by Niya Prajapat 6 years, 6 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 6 months ago

In the economic sphere, liberalism stood for the freedom of markets and the abolition of state- imposed restrictions on the movements of goods and capital.
In German-speaking regions during Napolean’s rule, there were 39 states, each of it possessed its own currency and weights and measures.
A merchant travelling from Hamburg to Nuremberg to sell his goods had to pass through 11 customs barriers and pay a customs duty of about 5 per cent at each one of them.

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