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Assessment
What financial policy was largely supported by Thomas Jefferson?
Strict adherence to a limited federal government role in commerce
Creation of a national banking system
Government investment in infrastructure projects
High tariffs to protect domestic industries
Which financial event did Thomas Jefferson oppose, believing it centralized too much power?
The establishment of the First Bank of the United States
The Louisiana Purchase
The issuance of federal bonds
The creation of a national currency
What was one of Jefferson's main concerns regarding America's financial future?
Over-reliance on foreign loans
Establishment of a public debt
Excessive taxation on the agrarian economy
Insufficient federal backing for industry
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