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Explain any four ideas of liberal nationalist in the economic sphere? |
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Answer» Liberalism or Liberal Nationalism stood for freedom for the individual and equality of all before the law.Four ideas of Liberal Nationalists in the economic sphere are: Liberalism stood for freedom of markets and abolition of state imposed restriction. For example, Napoleon’s administration was a confederation of 29 states, each of these possessed its own currencies, weight and measures. Such conditions were viewed as obstacles to economic exchange. Liberal Nationalists argued for the creation of a unified economic territory allowing the unhindered movement of goods, people and capital. In 1834, a customs union or “zollverein” was formed. The anion abolished tariff barriers and reduced the number of currencies from 30 to 2. The creation of a network of railways further stimulated mobility, harnessing economic interest to national unification. |
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