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Meaning of economic liberalism | Babel Free

Noun CEFR B2

Definitions

The ideological belief in organising the economy on individual lines in such a way as to have the greatest possible number of economic decisions made by individuals or households and not by collective institutions or organisations.

countable, uncountable

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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