The Second Bank of the US was created in 1816 because the First Bank’s charter expired and there was no central bank to regulate state banks.
Because of that, the US Congress passed a law that chartered the Second Bank of the US, it was created to help the national treasury.
President Jackson vetoed the recharter of the Second Bank, he believed that this institution endangered the foundations of American liberty and democracy because it encouraged imbalance of power between rich and poor.
was to get Native Americans to farm and ranch like white homesteaders. An explicit goal of the Dawes Act was to create divisions among Native Americans and eliminate the social cohesion of tribes.
