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What was Andrew Jackson's position on the 2nd bank of the United States?

A. Jackson believe that the bank protected the economy

B. Jackson promoted the bank to help his re-election campaign

C. Jackson dislike state-control banks

D,Jackson believed that the bank favored the wealthy

User Mohana B C
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2 Answers

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Answer: The answer is D. Jackson believed that the bank favored the wealthy

Explanation: His thought process was that if the banks made more money when you put in more money, then wealthy people would be more favored because they made the bank more money because they had a lot of money to put away and since the bank can loan that money to other people that would mean that the net profit after the loans and the interest that they could charge for those loans, that would mean that the money that the wealthy people put in could maybe even triple the profits from that single transaction.

User Howlger
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Answer:

C

Step-by-step explanation:

Andrew Jackson didnt like the idea of the government having so much power over the states of course the choice to not have a 2nd bank caused a large inflation.

User Tabria
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