1. Principles
Economic liberalism is based on the ideas of political liberalism, but in the 19th century it developed into a movement in its own right. Economic liberalism can be taken to mean the aspiring bourgeoisie's practice of imposing economic and entrepreneurial interest by political means (cf. Middle class). Its main features were: the freeing of the economy from state guidelines, that is, in particular a low tax burden, free trade and freedom of con…