Question

Thomas Jefferson and James Madison had similar economic beliefs. Which of the following was their interpretation of what was most beneficial for the country?

They strongly believed that the government should have a hands off approach to American businesses.They wanted higher tariffs to support the Northeastern manufacturers.They supported lowering tariffs and strong foreign trade for American farmers.They believed the American farmers would benefit with domestic trade within the United States.

Answer 1

The answer to this statement is C.

Answer 2

Both Thomas Jefferson and James Madison are known as two of the Presidents and also as two of the Founding Fathers of America. For them, they believe that the most beneficial for the country is to support lowered tariffs and strengthen foreign trade for the farmers of America. Answer is C.