What happened to the Second National Bank of the US in 1836?

Answer 1

The Second Bank of the United States was chartered in 1816 because the First Bank of the United States lost its charter. The reason why it was chartered was because the United States suffered from severe inflation during the War of 1812 which led to many difficulties when it came to funding military operations.

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Answer 2

the second bank renewal for there charter was vetoed by Andrew Jackson

Answer 3

The second Bank of the US was created because of the business boom of that bank. One bank could not handle all of the customers.

Answer 4

Second Bank of the United States was created in 1824.

Answer 5

It went out of business.

Answer 6

yes