Identify the ideology under which people demanded freedom of markets in early-nineteenth-century Europe.A. RomanticismB. LiberalismC. SocialismD. Rationalism
Question
Identify the ideology under which people demanded freedom of markets in early-nineteenth-century Europe.
A. Romanticism
B. Liberalism
C. Socialism
D. Rationalism
Solution
The ideology under which people demanded freedom of markets in early-nineteenth-century Europe is Liberalism.
Step 1: Understand the question The question is asking to identify the ideology that supported the freedom of markets in the early 19th century in Europe.
Step 2: Review the options A. Romanticism: This is an artistic, literary, and intellectual movement that originated in Europe towards the end of the 18th century. It does not directly relate to economic ideologies. B. Liberalism: This is a political and moral philosophy based on liberty, consent of the governed and equality before the law. Liberals espoused a wide array of views depending on their understanding of these principles, but they generally support free markets, free trade, limited government, individual rights (including civil rights and human rights), capitalism, democracy, secularism, gender equality, racial equality, internationalism, freedom of speech, freedom of the press and freedom of religion. C. Socialism: This is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production. It does not support the freedom of markets. D. Rationalism: This is the philosophical belief that all knowledge can be gained through the use of reason and logic, and not just through sensory experience or religious faith. It does not directly relate to economic ideologies.
Step 3: Choose the correct answer Based on the definitions of the ideologies, the correct answer is B. Liberalism. This ideology supports the freedom of markets, which is what the question is asking for.
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