Q. 33.9( 30 Votes )
Explain the term ‘liberal nationalism’. How did the growth of ‘liberalism’ help in promoting ‘economic nationalism’?
Liberal Nationalism- This philosophy became famous in the first half of the 19th century. Liberalism is taken from the Latin word liber means free.
• The ideology in the economic nationalism stood for the freedom of markets and the abolition of state-imposed restrictions on the movement of goods and capital.
• Napoleon’s administrative measures were a great barrier for the economy any free trade in the first half of the 19th century.
• In 1832 Zollverein,a customs union was formed by most of the German states.
• It abolished tariff barriers and reduced the number of currencies from thirty-two to two.
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