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Why would Jackson western background shape his dislike of the national bank?
Wiki User
∙ 11y ago
Andrew Jackson believed that it had to much power,so he went and invested ll of his money in banks called pet banks. Which with time ran Mr.Biddle's bank out of business.
Wiki User
∙ 11y ago
Jackson's western background played a significant role in shaping his dislike of the national bank because the bank was seen as favoring wealthy eastern elites at the expense of hardworking western farmers and workers. Jackson believed that the bank concentrated too much economic power in the hands of a few, which went against his belief in limited government and his commitment to the interests of the common people. His background as a self-made man from the frontier contributed to his suspicion of institutions that he believed did not serve the needs of the ordinary citizens.
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Jackson opposed the national bank because he felt that it enabled eastern businesspeople to make money at the expense of southern planters and western farmers.?
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