Final answer:
Opponents of a national bank feared it would take power away from the common people, while supporters believed it would benefit the economy. After vetoing the bank's charter, Jackson gave the funds to state banks, leading to the creation of the Democratic Party.
Step-by-step explanation:
The opponents of a national bank feared that it would take power away from the common people. On the other hand, the supporters believed that a national bank would benefit the nation's economy.
After vetoing the national bank's charter, President Jackson gave the federal funds to state-chartered banks. This led to the creation of the Democratic Party, whose supporters argued that Jackson had abused his power as president.