QQuestionBusiness Law
QuestionBusiness Law
Jackson believed the second national bank was ___.
A. Vital to the country's economic health
B. An institution beneficial only to elites
C. Allowing the common man to prosper
D. An institution that only benefited Democrats
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Answer
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Step 1I'll solve this problem by analyzing Andrew Jackson's perspective on the Second Bank of the United States.
Step 2: Understand Jackson's Historical Position
Andrew Jackson was famously opposed to the Second Bank of the United States. He viewed the bank as an institution that primarily benefited wealthy elites and undermined the economic interests of ordinary Americans.
Final Answer
Jackson believed the Second National Bank was an institution beneficial only to elites, and he worked actively to dismantle it during his presidency.
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