Why Did Thomas Jefferson Call the Election of 1800 the "Revolution

question 97

Multiple Choice

Why did Thomas Jefferson call the Election of 1800 the "Revolution of 1800"?

• A) He was willing to let John Adams remain as president.
• B) He wanted to use force to maintain his victory in the election.
• C) He was voicing criticism of Aaron Burr's actions in the West.
• D) He hoped to free many of the slaves in the South.
• E) He was talking about freedom that secured America's independence.

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Definitions:

Classical Notion

An economic theory advocating for free markets, competition, and minimal government intervention in the economy.

Monetary Neutrality

The proposition that changes in the money supply do not affect real variables.

Long-Run Phillips

An economic concept suggesting that there is no long-term trade-off between inflation and unemployment, contrary to the short-run Phillips curve.

Monetary Neutrality

The concept that changes in the money supply only affect nominal variables, like prices, not real variables like output or employment in the long term.