How did eliminating the Bank of
the United States affect the
country?

andrew jackson question

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05-01-2022
History

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How did eliminating the Bank of
the United States affect the
country?

andrew jackson question

Sagot :

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Martebiidn Martebiidn · Answer 1 · 2022-01-10T04:52:56-05:00

There are different reasons why people do things. A lot of people such as Biddle fought back this elimination as it was making it harder for people to borrow money.

National Bank

The people were known to have rallied to Jackson's position on the elimination of the banks. Though, the bank was removed, Jackson won the Fight, but the economy would be a victim.

Jackson want known to eliminate the National Bank. He did not like National Bank because;

The bank favored the wealthy.
He feared the growth of eastern business interests and the draining of specie from the west etc.

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National Bank

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