Final answer:
Thomas Jefferson favored a minimal government interference economic policy to ensure economic efficiency.
Step-by-step explanation:
Based on the excerpt, Thomas Jefferson favored a minimal government interference economic policy. He believed that society should not meddle in the affairs of others and that a quiet path without government waste would lead to happiness. Jefferson emphasized the importance of preventing the government from wasting the labors of the people, which could only be deranged by war or federalism. Therefore, his favored economic policy involved minimal government interference to ensure economic efficiency.
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