147k views
5 votes
What was the effect of the Specie Circular policy

User Prajwal
by
8.3k points

1 Answer

5 votes

Answer: In July 1836, President Andrew Jackson issued the Specie Circular. Under this act, the government would only accept gold or silver in payment for federal land. This act prevented working-class Americans from purchasing federal land in the West, including in Ohio, due to the lack of gold and silver.

Step-by-step explanation:

User Kokusho
by
8.5k points

Related questions

1 answer
4 votes
227k views
asked Sep 26, 2024 132k views
Alec Smythe asked Sep 26, 2024
by Alec Smythe
8.1k points
2 answers
0 votes
132k views
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.