10th Class Social Science The Rise of Nationalism in Europe Question Bank Short Answer Type - The Rise of Nationalism in Europe

  • question_answer
    What does 'Economic liberalism' mean?

    Answer:

    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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