USA HISTORY

Detailed explanation-1: -The Whig Party was a conservative political party that existed in the United States during the middle 19th century. Alongside the slightly larger Democratic Party, it was one of the two major parties in the United States between the late 1830s and the early 1850s as part of the Second Party System.

Detailed explanation-2: -The Whigs formed in 1834 in response to Jackson’s refusal to fund the second National Bank. They took their name from a British anti-monarchist party that was revived in Colonial America as “American Whigs.” Clay, known as “the great compromiser, ” was the Whigs’ most influential and vocal early leader.

Detailed explanation-3: -Economic recovery from the Panic of 1837 was incomplete, and Whig nominee William Henry Harrison defeated incumbent President Martin Van Buren of the Democratic Party. The election marked the first of two Whig victories in presidential elections.

Detailed explanation-4: -Led by Henry Clay, the name “Whigs” was derived from the English antimonarchist party and and was an attempt to portray Jackson as “King Andrew.” The Whigs were one of the two major political parties in the United States from the late 1830s through the early 1850s.