What is Liberalism? How do the principles of individualism relate to Liberalism? (4 Marks) 2

What is Liberalism? How do the principles of individualism relate to Liberalism? (4 Marks) 2. What is the difference between Classical and Modern Liberalism? (2 Marks) 3. What similarities exist between Classical and Modern Liberalism? How are they both still examples of Liberalism despite their differences? (2 Marks) 4. Complete the chart below. In point form in the first column, identify the main ideas behind the ideologies or movements that developed in response to classical liberalism. In the next column, answer the questions regarding the principles of classical liberalism (private property, rule of law, individual rights and freedoms, competition, economic freedom, self-interest) that were challenged by these new ideologies. (36 marks)