Identify the type of economic idea that Jefferson believed in.(1 point) Responses Trickle-down Trickle-down Laissez Faire Laissez Faire Closed market Closed market Jefferson let Hamilton handle it.
Thomas Jefferson believed in the economic idea of Laissez Faire. This approach to economics favors minimal interference by government in the affairs of business and markets. Jefferson advocated for limited government and believed that the less the government was involved in the economy, the better it would function. He was skeptical of too much control or concentration of power in the hands of a central government, including its potential influence over the economy.
