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question 18 3 pts which of the following was an impact of president jac…

Question

question 18
3 pts
which of the following was an impact of president jacksons war with the second bank of the united states?
the panic of 1837 hit the u.s. economy
jackson lost the election in 1836.
private banks out west prospered by 1840.
the tariff of 1832 was established.

question 19
3 pts
which event was a leading cause of the nullification crisis of 1832?
south carolina refused to sell its cotton to northern manufacturers.
south carolina declared federal tariffs unconstitutional.
south carolina fought off troops sent to force compliance to federal law
south carolina threatened to secede from the union.

Explanation:

Question 18

Brief Explanations

Jackson's actions against the Second Bank of the United States contributed to economic instability. After Jackson withdrew federal funds from the bank, there was a period of economic speculation. When the bank's charter was not renewed, it led to a financial panic. The Panic of 1837 was a significant economic downturn that affected the U.S. economy. Jackson did not lose the 1836 election (Van - Buren, his chosen successor, won). Private banks out west did not prosper in a positive sense as the economic situation was chaotic. The Tariff of 1832 was related to the Nullification Crisis, not directly to the bank war.

Brief Explanations

The Nullification Crisis was centered around the issue of tariffs. South Carolina declared federal tariffs (specifically the Tariff of 1828 and 1832) unconstitutional. It was a constitutional and economic conflict. South Carolina did not refuse to sell cotton as a leading cause. They did not fight off troops (a compromise was reached). Threatening to secede was a consequence of the nullification declaration, not the leading cause.

Answer:

The Panic of 1837 hit the U.S. economy

Question 19