Register
What problem did Jackson's "pet banks" create?
179,291 views
3 votes
3 votes
What problem did Jackson's "pet banks" create?

User Pixlboy
by
3.3k points

1 Answer

3 votes
3 votes
The pet banks and smaller "wildcat" banks flooded the country with paper currency. Because this money became so unreliable, Jackson issued the Specie Circular, which required all public lands to be purchased with gold and/or silver.
User Jmyster
by
3.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.2m answers

Other Questions

Given several pollution sources within a given region. You have determined the level of pollutants that the environment can tolerate and need to design a regulatory system that guarantees that tis limit
A two-year-old child has a pet dog named Sophie. The child visits her neighbor and sees the neighbor's pet dog. Even though the neighbor's dog is larger and of a different color, the child points to it
Unilateral Contract:_________. A) Contract agreed to orally or in writing. B) Contract in which both parties make promises to perform; a promise is given in return for another's promise. C) A contract
A marker used to identify a person in a photo is called: A. a download B. a tag. C. TMI. D. "friending."
Why does laughter seem to qualify as a biological functions?
Link Copied!