Why did president Andrew Jackson oppose the national bank?

1 answer:

6 0

Moreover, Jackson felt that the national bank was a threat to the American economy and to the American people. Between 1832 and 1833, Jackson used his presidential veto to dismantle the Second Bank of the United States by vetoing its congressional recharter. During 1833, he took further action against the national bank system by removing federal funds from the Second Bank of the United States and relocating the capital into loyal state banks throughout the nation.

You might be interested in

Which term is defined as “ rule by one person”

never [62]

Answer: Monarchy

Explanation:

Changed my answer. Even though the question wasn't specific, Monarchy is a person who is ruled by a king or queen

Democracy is a representative country

Anarchy is a country that doesn't believe in a specific government so there are no rules

Aristocracy is a higher rank in charge

7 0

2 years ago

Read 2 more answers

Why Saving the children story wasn’t told until 50 years later?

My name is Ann [436]

Hgffiknawedfjsjskkshahajammakais.

3 0

2 years ago

How were the America's affected by the slave trade?

Montano1993 [528]

Can you be more specific with the question please

4 0

3 years ago

Question 25

Vsevolod [243]

The serious difficulty for the national government under the Articles of Confederation is "It lacked the authority to raise money to support itself ".

<u> Explanation: </u>

The Article of Confederation gave away most of the power to the state and federal government had only limited control over the state. Particularly this article made a power less national government during the American Revolution.

The American states were of the opinion that if the strong national government is there in the central means it may affect the autonomy of the states.

So the states were strongly objected to the formation of strong central government and felt that the most decision making power should be with them.

The downfall of The Article of confederation was simply because it has no power to make laws to control the states.

5 0

2 years ago

5. - Belief that the United States should extend from the Atlantic to Pacific Oceans

alexandr402 [8]

So your parent hasn't joined you on the Brainly express to Achievement-ville. We'll get them on board. Parents are busy people, but you can be the boss and remind them. Remind them how Brainly boosts you with expert knowledge. Remind them that tons of students already get grade upgrades with Brainly Plus. Remind your parent of the power they have to raise you to your full potential. We think they would agree. You deserve every education advantage.

8 0

2 years ago