Which best describes Andrew Jackson’s opinion on the National Bank

History

2 answers:

Over [174]3 years ago

8 0

I think it is the second one

garri49 [273]3 years ago

7 0

Answer:

He believed it should be dissolved because it favored the wealthy elite, and state banks were more helpful to all.

Explanation:

Andrew Jackson was well-known for disliking the National Bank. However, he had many reasons to support this view. Jackson believed that the National Bank unfairly transferred money from West to East. He argued that rich elites in the East controlled the money that was produced by common people in the West. He also thought that it allowed rich men to twist the government's laws and will to their benefit. Moreover, Jackson did not believe in the paper money the bank produced, and he wanted to keep dealing with silver and gold.

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