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One of the most important things

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Based on wealth and education, knowledge

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Different social classes but free, possibility to change

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Democracy

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Religion doesn't interfere with state

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Completely free to choose your religion

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Free market, trade

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Invisible hand

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Competition of companies (private hands) -> better quality, prices

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In a traditional family you're supposed to have a mother and a father but in a liberal society you might have 2 mothers or fathers while you're respecting the freedom of everyone and their security.
In a liberal state kids have much more freedom than 50 years ago whitch could be also a bad thing because kids might then think they have the same rights as the grown ups and that would cause a fight.

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Free, hard working, equal society

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Institutional setup provides freedom and protects the individual

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Type of democracy, freedom of speech, etc

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society provides itself

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Freedom -> Progress -> Change

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Result of progress, hard working

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Social-liberalism if problem (taxes)