Its an important center for salt production. I hope this helps! ^0^
<span>C) Jackson felt that a national bank was unconstitutional because it infringed on the rights of the states.
this is the right answer because he beileived it was unfair
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They provide the nation with a safe, flexible financial system. they Help regulate banking institutions and protecting the credit rights of consumers basically maintaining the stability of the financial system. When and if the bank fails, the FDIC must collect and sell the assets of the failed bank and settle its debts. reimbursing all of your money up to $250,000 in Each Bank.
If we was to experience a national bank failure. The current country will go into a depression. Think About the great depression of the United States back in early 1900s. It began as soon as the stock market crashed in October 1929, which sent Wall Street into a panic and wiped out millions of investors. All of the banks were rammed and everyone was withdrawing their deposits due to the panic. With the stock market crash and the panic of 1929 the federal reserved had no control over anything.
Since its 2019, and we live in a more violent century. I personally believe the riots of president trump compared to the up-rise that would become wouldn't be comparable.
Conclusion:
The Federal Reserved Would Be Directly Be Related To The Failure Of The Banks Because They Control The Bank System By Maintaining The Stability Of The Financial System Or In This Case The Banks If It Fails. It Would Affect Everything They Stand For.
Answer:The effect of WWI on the US economy was considerable. There are two effects that the war had on the US economy: short term, and long term.
For the short term effect the US economy grew in the buildup to the war and during its prosecution. From 1915 the US made tons of loans to the UK to help them in their war effort. It is not a stretch to say that WWI was the major factor in contributing to the "Roaring 20s" when the US economy boomed. After the peace the economy dropped temporarily and this is most likely attributable to the stopping of war material production. However, at that point in the timeline the US was the only country that had not been completely devastated by the effects of the war. US companies were able to expand their reach around the world, and domestic consumption in the US increased, hence the name "The Roaring 20s." So the short term effect (I am defining short term effect as within one decade) was that the US economy grew a large amount due to their involvement in WWI.
The long term effect was that US involvement in the war lead directly to the Great Depression and WWII. The Treaty of Versailles led to a system where the US was cashing in its wartime loans to the UK, which in turn was using the wartime reparations it received from Germany to pay off the US. This system collapsed when the Germany economy succumbed to hyperinflation and died. That paired with Black Tuesday, which was driven by rampant stock speculation from tons of US citizens flush with cash led to the Great Depression. Since the world was still reeling from the effects of WWI when Germany fell, everything else fell apart. This event was directly attributable to WWI.
So in short there was a huge effect on the US economy in the short term which lead to the Roaring 20s, but the growth was short lived as it was built upon the same conditions that brought about the Great Depression.
