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Jefferson's laissez-faire policy promoted minimal government intervention in the economy, which encouraged individual entrepreneurship and free market practices. This approach facilitated westward expansion and economic growth by allowing businesses to thrive without heavy regulation. The reduction of tariffs and the Louisiana Purchase also opened up new territories for settlement and resource exploitation, further stimulating national growth. Ultimately, Jefferson's policies fostered a sense of economic independence and innovation that contributed to the nation's development.

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1mo ago

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