Final answer:
The given phrase is an example of personification, attributing human characteristics to abstract concepts to create a powerful emotional effect.
Step-by-step explanation:
The phrase 'Freedom weeps, Wrong rules the land, and waiting Justice sleeps' is an example of personification. Personification is a figure of speech where human qualities are given to objects, animals, or concepts. In this case, abstract concepts such as 'Freedom', 'Wrong', and 'Justice' are personified as if they can perform human actions like weeping or sleeping. This technique is used to evoke emotion and help readers connect with these abstract ideas on a human level, making them more relatable and impactful.