Question

President Jackson was vehemently opposed to the renewal of the charter of the Second Bank of the United States because ______. Question 3 options: 1) the bank favored a few elite people and violated the "equality" among citizens, making the bank unconstitutional. 2) bank officials had been caught embezzling bank funds. 3) the bank destabilized the nation's economy by printing too much paper money. 4) the bank had to have taxpayer funds to remain operational.

Answer 1

Answer:

The correct answer is 1) The bank favored a few elite people and violated the "equality" among citizens, making the bank unconstitutional.

Explanation:

President Andrew Jackson, born in North Carolina, obtained the title of lawyer, and participated several times in the Senate, also became the seventh president of the United States, interested in providing equal opportunities to citizens during his tenure.

After the first bank in the United States ends its period, President Andrew Jackson took a definitive position of the second bank in the United States; he believed that this second bank helped a small part of the population, forgetting about the other citizens of the country.

President Jackson believed that the second bank was a monopoly and only favored the upper class of the country and promised citizens to close it. The president after winning the elections in 1833, managed to censor the second bank of the United States and distribute the funds in state banks to help citizens.

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