WORLD HISTORY

Detailed explanation-1: -Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law. Liberals espouse various views depending on their understanding of these principles.

Detailed explanation-2: -Long defines libertarianism as “any political position that advocates a radical redistribution of power from the coercive state to voluntary associations of free individuals", whether “voluntary association” takes the form of the free market or of communal co-operatives.

Detailed explanation-3: -Liberal democracy emphasizes the separation of powers, an independent judiciary and a system of checks and balances between branches of government. Multi-party systems with at least two persistent, viable political parties are characteristic of liberal democracies.

Detailed explanation-4: -Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech.