Question

Select the consequence of Jackson closing the national bank

C)Paper money became more reliable.

D)The economy became more stable.

A) State banks stopped loaning money.

B) States printed too much money and loaned too much money.

Answer 1

Finally, Jackson had succeeded in destroying the bank; its charter officially expired in 1836. Jackson did not emerge unscathed from the scandal. In 1834, Congress censured Jackson for what they viewed as his abuse of presidential power during the Bank War.