Why did Jefferson pursue a laissez-faire economic system in the United States?
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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.
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The correct response is:
Implementing a free market economy limits the role of the federal government.
Jefferson believed in a limited government and that the economy should primarily be driven by private enterprise and individual initiative, which aligns with the principles of laissez-faire economics.
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