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Thomas Jefferson's laissez-faire policy emphasized limited government intervention in the economy, advocating for free markets and minimal regulation. He believed that this approach would foster individual liberty and economic growth. A notable example of this policy was his decision to reduce federal spending and cut taxes during his presidency, particularly through the elimination of the Whiskey Tax, which he viewed as an overreach of federal authority. This approach aimed to promote agricultural expansion and support the agrarian economy he favored.

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1mo ago

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