Answer:
By
the 1848 Revolution of the Liberals, we mean, the revolution led by the
educated middle classes of Europe.
Events of February 1848, in France brought about the abdication of the
monarchy and a republic based on universal male franchise was formed.
The social and economic ideas supported by the liberals
are
(i) Politically, it emphasised the concept of government
by consent, abolition of autocracy and special privileges.
(ii) Socially, the liberals supported the abolition of discrimination
based on birth.
(iii) Economically, it stood for the abolition of trade restrictions
imposed by the state.
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