Question

Why did Jackson prefer state banks to a national bank? He believed state banks were more helpful to the common man. He believed state banks could do more to pay national expenses. He believed state banks took money away from the common people. He believed state banks would help his wealthy campaign contributors.

Answer 1

Answer:

He believed state banks were more helpful to the common man.

Explanation:

Jackson prefers state banks to a national bank because "He believed state banks were more helpful to the common man."

This is evident in the fact, Andrew Jackson, President of the United States between 1829 to 1837, felt that the national bank because is a risk to the conventional standards with which America was endowed. That is when the national bank takes the management of the money supply in a centralized entity, this will pose a threat to American society.

Answer 2

Answer:

He believed state banks were more helpful to the common man. (a)

Explanation:

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