Question
Identify the type of economic idea that Jefferson believed in.(1 point)
1. Trickle-down
2. Laissez Faire
3. Closed market
4. Jefferson let Hamilton handle it
1. Trickle-down
2. Laissez Faire
3. Closed market
4. Jefferson let Hamilton handle it
Answers
Answered by
GPT-4 Turbo
2. Laissez Faire
Thomas Jefferson believed in the laissez-faire approach to economics, which advocates for minimal government interference in the economy and letting the free market operate without significant regulation.
Thomas Jefferson believed in the laissez-faire approach to economics, which advocates for minimal government interference in the economy and letting the free market operate without significant regulation.
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