<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>
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The delegates argued about many things.One of the main things was if slaves counted as part of the population.I the north they didn't have much use for slaves.If slaves counted for the population then there wouldn't be many northern representatives.The south however had a major use for slaves.If slaves counted for them then they would have many representatives.
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He sponsored voyages along western coast of Africa - hoped to find Christians, learn about geography and find gold and route to Orient. da Gama and Dias - how did they achieve Portugal goal of entering the Indian Ocean in trade? found water route to Asia and reached India - brought back jewels and spices.
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