167k views
0 votes
How was the Bank of the United States made an issue in the election of 1832? What was the Panic of 1837 and how did the failure of the national bank cause it?​

User Liunx
by
3.7k points

1 Answer

3 votes

Answer:

1. United States presidential election of 1832, American presidential election held in ... Read More on This Topic ... The president had not clearly defined his position on the bank, but he was increasingly uneasy about how it was then organized. ... National Republican Party, U.S. political party formed after what had been.

2. The Panic of 1837 was partly caused by the economic policies of President Jackson, who created the Specie Circular by executive order and refused to renew the charter of Second Bank of the United States.

Step-by-step explanation:

User Jregnauld
by
4.4k points