USA HISTORY

JACKSONIAN DEMOCRACY 1825 1850

JACKSONIAN AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The debt, reduced to $7 million by 1932, was completely paid off by 1835. The debt was called the “national curse” by Andrew Jackson.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Paying Off the National Debt Jackson’s spending controls, along with increased revenue, enabled him to pay off the national debt in 1835 and keep the nation debt-free for the remainder of his term.

Detailed explanation-2: -On January 8, 1835, president Andrew Jackson paid off the entire national debt, the only time in U.S. history that has been accomplished.

There is 1 question to complete.