<span>In 1832, President Andrew Jackson refused to re-charter the Bank of the United States, opting instead to deposit government funds in select state or “pet' banks. The state banks, facing little regulation, freely loaned paper money to virtually anyone who asked for it. A flurry of land speculation and inflation followed. To curtail these alarming trends, Jackson issued the Species Circular on July 11, 1836. The executive order meant that federal land could no longer be bought with paper money, but only with gold or silver. In Jackson's view, this “hard' money was the only currency that could be trusted.</span>
Answer:
The superiority of faith over work as a path to salvation, is the correct answer.
Explanation:
Martin Luther was against the church for selling indulgences and he also dropped his belief in purgatory, he denied that person actions had any role in salvation. According to him, it was the faith only which matters for salvation. He also disapproved of the church and pope's role in establishing the articles of faith, said that church and pope cannot establish the articles of faith, people must rely only on the bible.
Slavery was still an issue, so Congress had to pass the Missouri Compromise. There were equal amounts of slave and free states before Missouri requested statehood, so there was much debate on whether Missouri should represent a free or a slave state in Congress, meaning whichever group it represented would get more representation in Congress. So, Maine was admitted as a free state at the same time Missouri was admitted as a slave state, creating the Missouri Compromise.
