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Yes he did
You cannot say he supported laissez-faire economic principles because he kept tariffs ridiculously high which stifled foreign competition in the U.S. One of the most important elements (if not the most important) of laissez-faire economics is a high level of competition and in this case gov't stepped in to eliminate competition with high tariffs, which is the exact opposite of laissez-faire economics. So I would say no...but you won't find this in a history book. I know because I am a teacher.
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∙ 11y ago
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