Which of the following are true about Liberalism?

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Abolition of state-imposed restrictions.

Freedom of markets on the movement of goods and capital.

Both options (1) and (2) are true.

None of the above is true.

answer is C.

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Detailed Solution

Abolition of state-imposed restrictions and Freedom of markets on the movement of goods and capital is true of Liberalism. The definition of Liberalism is the quality or state of being liberal. How to use Liberalism in the text. In the field of economy, Liberalism meant lifting federal restrictions on market freedom and the movement of goods and capital. In the 19th century, this was a strong demand for the rise of the middle class. For the European bourgeoisie, Liberalism represented individual freedom and equality before the law. It was also about the inviolability of private property. It also meant the end of dictatorship, clergy privileges, and the constitution and representative government by parliament.

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