Question

assignment
age of jackson, day 3 grade 8
short constructed response - think about the question carefully. then enter your
answer to both parts of the question in the box provided.

1. why was the national bank originally created and why did andrew jackson not like the

bank?

Explanation:

The National Bank (First Bank of the US, later Second) was originally created to stabilize the US economy—manage currency, handle government finances, and promote trade. Andrew Jackson disliked it because he saw it as undemocratic (controlled by wealthy elites, not common people), unconstitutional (he believed it overstepped federal power), and harmful to states’ rights and small farmers/businesses (felt it favored the rich and centralized too much economic power).

Answer:

The National Bank was originally created to stabilize the U.S. economy (manage currency, handle government finances, promote trade). Andrew Jackson disliked it as he viewed it as undemocratic (controlled by elites, not common people), unconstitutional (overstepped federal power), and harmful to states’ rights/small farmers (favored the wealthy, centralized economic power).