Final answer:
The political party created in opposition to Andrew Jackson was the Whig Party, formed around 1834 due to his perceived tyrannical approach to governance.
Step-by-step explanation:
Formation of the Whig Party
The political party created by those who opposed Andrew Jackson was the Whig Party. This faction began to form around 1834 in response to Jackson’s exercise of presidential power, which some contemporaries equated with monarchical tendencies. The Whigs saw Jackson as a “King Andrew the First” figure, especially after his actions such as the veto of the national bank and the issuance of the Specie Circular. Opposition leaders like Henry Clay and Daniel Webster were instrumental in rallying against Jackson's policies, and the Whig Party took its name from the British political party known for resisting the monarchical power of King George III.
As part of what is referred to as the Second Party System, Democrats and Whigs emerged from the split of the Democratic-Republican Party. The Democratic Party, Jackson's platform, was defined by its support for the common people, backing westward expansion, and opposing a national bank. In contrast, the Whigs supported economic and judicial nationalism and believed the government played a key role in promoting economic development. The question of slavery eventually led to the downfall of the Whigs in the early 1850s.