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Why did the jacksonian democrats oppose the second Bank of the us?
Wiki User
∙ 12y ago
they beleived it favored a small number of rich investors.
Wiki User
∙ 10y ago
Wiki User
∙ 12y agoHe thought it only served the ritch
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Why did Jacksonian Democrats oppose the second Bank of the US?
He thought it only served the ritch
Why did Jacksonian Democrats oppose the second Bank of the United State?
they beleived it favored a small number of rich investors.
Why Jacksonian democrats opposed the national bank?
The believed it favored a wealthy few.
Why did Jacksonian democrat oppose the national bank?
The believed it favored a wealthy few.
What did Jacksonian Democrats believe about the national bank?
He thought it only served the ritch
Why did president Andrew Jackson oppose the second bank of the United states?
He viewed it as a blow to congressional authority.
Who were the democrats and what did they believe?
Democrats believe in the state bank.
How did the struggle over the second national bank symbolize the ideals of jacksonian democracy?
Andrew Jackson was considered the champion for the common man. He strongly disapproved of the first national bank and vetoed the commencement of a second one for several reasons. The most important reason is because he felt that national banks gave monopolies to rich seeing as that's who the banks were owned and operated by. This principle was unfair to the common man and that's exactly how his decision symbolized Jacksonian Democracy.
Differences between whigs and Jacksonian Democrats?
Both the Whigs and the Democrats had been in one party, the Democratic-Republicans. The Democrats were champions of states' rights, and was basically the same party as it is today. The Whigs wanted a strong federal government, and began as the opposition to Jackson, but ended when the party split into additional factions.
Why did Jackson oppose of the second bank of the US?
He felt the banks polices favored too much wealthy people, and hurt an average person. -B
Why did jacksons oppose the second bank of the US?
He felt the banks polices favored too much wealthy people, and hurt an average person. -B
Did James Monroe oppose the National Bank?
Yes
