Question

When President Jackson did not renew the charter for the Bank of the United States, the responsibility of money lending fell to

A) state banks, which loaned money freely.
B) private banks, which loaned conservatively.
C) other federal agencies that stopped all lending.
Eliminate

D) private individuals with the means to loan freely.

Answer 1

Answer: A) state banks, which loaned money freely.

Explanation: GOT A 100 ON THE 30 QUESTION TEST

Answer 2

A) state banks, which loaned money freely.