Question

Which statement best characterizes the last few years of Andrew Jackson's presidency? a) The United States' economy flourished world-wide. b) The fight against the national bank brought financial troubles. c) Jackson's partnership with Nicholas Biddle, national bank president, created "the Era of Good Feeling." d) The national bank became bankrupt until the next administration took office.

Answer 1

B.

Step-by-step explanation:

in 1833, Jackson transferred federal monies to state banks, what cause western banks to ease their lending standards. What also increased the problem was Jackson's specie circular (made to stop speculation and stabilize the economy), but ended up making investors unable to pay. The US went into economic depression, banks started collapsing, the national debt increased again, etc.