Question

What happened in 1836, when President Jackson ordered all land sales to be completed with silver and gold?

a.
People spent their paper money on foreign goods.
b.
Cotton and grain markets soared.
c.
Banks printed their own paper money.
d.
Manufacturing grew rapidly.

Answer 1

C

Step-by-step explanation:

In in 1836, when President Jackson ordered all land sales to be completed with silver and gold, (C ) cotton and grain markets soar.

The effect of his financial policy as disastrous on the US economy.

Bank stopped taking payment in paper currency and cotton and grain industries being the leading industries of the contemporary period started suffering from havoc loss.