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Andrew Jackson did not like the National Bank because the bankers would not let poor people borrow money, but they would let wealthy people. (Andrew Jackson was poor.)
He thought it was unconstitutional and nothing would get done.
stabilizing force in the national economy - novanet/gradpoint
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∙ 8y ago
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∙ 9y agoJackson hated the National Bank on ideological grounds. He felt that the banks favored the rich over the poor man.
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∙ 9y agoOne reason Andrew Jackson disliked the Bank of the U.S. was because it did not issue paper money, but minted silver and gold coins instead. The bank also foreclosed on several western farms.
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∙ 9y agoPresident Andrew Jackson distrusted the National Bank because it had become a political entity that gained too much power. He was deeply opposed to the influence banks had on the government.
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∙ 11y agohe felt it undermined the rights of states....nova net!
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∙ 9y agobecause of i dont know
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What happen to the national bank act?
Jackson got rid of the national bank because he felt distrust and fear toward it's existence.
Why did Jackson opposed the national bank?
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Why did Andrew Jackson oppose the the national bank?
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Why did Andrew Jackson oppose the first national bank?
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Who opposed a national bank in 1816?
Andrew Jackson strongly apposed the National Bank.
Battle over national bank?
The battle over national bank happened when president Jackson wanted to get rid of the national bank
What did Andrew Jackson do the second national bank?
Andrew Jackson announced that the government was no long going to be using the Second National Bank and removed all funds from the bank.
What did andrew jackson do to the second national bank?
Andrew Jackson announced that the government was no long going to be using the Second National Bank and removed all funds from the bank.
Who got rid of the national bank?
Andrew Jackson got rid of the 2nd National Bank.
Why Jackson hated the National Bank?
Jackson hated the National Bank on ideological grounds. He felt that the banks favored the rich over the poor man.
What did Jackson do about congresses renewal of the national bank charter?
he destroyed the bank
What did President Jackson viewed the national bank?
President Andrew Jackson viewed the National Bank as a curse to the Republic. Jackson believed that a central bank held too much power in controlling the country's money and he felt that it was unconstitutional.
