Liberalism is a political doctrine that favors free trade, democratic elections, useful reforms and the rule of law. In a liberal system, all actors are allowed to do what they want, as long as their actions don't cause harm to the ones around them. Liberalism favors the individual and individualism, promotes self-determination and self-government. A democracy is considered a liberal system because the people appoint the people that will govern them and have the power to remove those people if they don't live up to their standards.
The most important aspects of liberalism are: free elections, free trade, freedom of religion and, of course, political freedom and political representation. It has been said that liberalism will always be a profitable system because it has no economic boundaries. People are driven by profit and will do everything in their power to keep the economic system alive and well in order to gain even more profit. This is one of the key aspects of liberalism. In a liberal system, people have the right to open businesses and invest in the public and private system. Today, online businesses are omnipresent and will continue to survive for a long time because they are profitable and are working because the liberal system is allowing them to function.