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1) Classical liberalism emerged in opposition to mercantilism and advocated for free market principles like laissez-faire economics and limited government intervention. Key thinkers included Adam Smith who argued the "invisible hand" of the free market best promotes economic growth. 2) However, classical liberalism still saw a role for the state in providing infrastructure, enforcing contracts, and maintaining security. It also led to harsh poor laws that aimed to deter poverty through workhouses with poo

Author

Dimi

Language

EN