Question
Why did Jefferson pursue a laissez-faire economic system in the United States?
(1 point)
Responses
It was a mandate following the Marbury v. Madison Supreme Court ruling.
It was a mandate following the Marbury v. Madison Supreme Court ruling.
The size of the federal government increases under a free market economy.
The size of the federal government increases under a free market economy.
A free market economy was necessary for the purchase of the Louisiana territory.
A free market economy was necessary for the purchase of the Louisiana territory.
Implementing a free market economy limits the role of the federal government.
Implementing a free market economy limits the role of the federal government.
1 answer
The correct response is:
Implementing a free market economy limits the role of the federal government.
Jefferson believed in limited government intervention in the economy, which aligns with the principles of a laissez-faire economic system. He thought that a free market would promote individual enterprise and economic independence while reducing the power of the federal government.
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1 answer