Question

What resulted from the closing of the Bank of the United States?

Answer 1

the events that occurred as a result of the closing of the Second National Bank. After the Second National Bank closed, smaller state and private banks failed, land values decreased, people lost their jobs, and an economic depression began.

Answer 2

When its charter expired in 1836, the Second Bank ended its operations as a national institution. It was reestablished as a commercial bank under the laws of Pennsylvania, where it continued to operate until its failure in 1841.