Write a note on Classical Liberalism.

Classical Liberalism is a political and economic philosophy that emerged in the late 17th and early 18th centuries, emphasizing individual liberty, limited government, and free markets. Rooted in the Enlightenment and shaped by thinkers like John Locke, Adam Smith, and John Stuart Mill, classical liberalism advocates for the primacy of individual rights and the rule of law.

At its core, classical liberalism is concerned with safeguarding individual freedom from the encroachments of both the state and society. It is predicated on the belief that humans are rational beings capable of self-governance and that their pursuit of self-interest ultimately contributes to societal well-being. The concept of natural rights is central, asserting that individuals inherently possess rights to life, liberty, and property, which the government ______ __________ __________ ___ _________ ________ _______ ____ ______ ____.
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