Question

Which statement would characterize Jackson's impression of the national bank?

A. Jackson felt the president of the national bank wanted to dominate politics rather than focus on the economy.

B. Jackson believed the national bank was responsible for the Panic of 1819.

C. Andrew Jackson believed that the bank should be a powerful force in the country.

D. Jackson thought that a close relationship between the government and the national bank was extremely important.

Answer 1

The answer is B. No other answer would make sense.

Answer 2

I believe the answer is: B. Jackson believed the national bank was responsible for the Panic of 1819.

Panic of 1819 was an economic depression which is caused by a massive drop in the price of land in 1819-1821. Jackson see that this depression is caused by the national bank because the bank make it too easy for people to obtain loan for buying land regardless of their paying ability.