JACKSONIAN DEMOCRACY 1825 1850
PRESIDENT ANDREW JACKSON
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What was Andrew Jackson’s view of the national bank?
|
|
He saw it as a way to make the rich, richer
|
|
|
He was very much in favor of it
|
|
|
He understand how important the bank was to the United States
|
|
|
He wanted to see the bank become more powerful
|
Explanation:
Detailed explanation-1: -Jackson’s distrust of the Bank was also political, based on a belief that a federal institution such as the Bank trampled on states’ rights. In addition, he felt that the Bank put too much power in the hands of too few private citizens–power that could be used to the detriment of the government.
Detailed explanation-2: -He called in loans, making it more difficult for banks and businesses to borrow money. If Americans felt the loss of the Bank of the United States directly, he reasoned, they would turn against Jackson and support recharter.
There is 1 question to complete.