● In the early 19th century, Europe was closely related to the ideology of liberalism.
● The term liberalism is derived from the latin word liber which means free.
● Liberalism means freedom of the individual and equality of everyone before law.
● It focused on the concept of the government by consent.
● It also promoted the right to vote and to get elected was generated only to the property owning men.
● Men without property and all the women did not had any political right.
● This section of the society organized movements demanding equal political rights.
● It also abolished all the restrictions imposed by states on the movements of goods and capitals.
● New commercial classes had grown and they demanded a creation of unified economic territory allowing the free movement of goods and capital.
● The union abolished all the tariff barriers and reduced the number of currencies from 30 to 2.
