32. Why did Jackson oppose the Bank of the US?

History

Question
32. Why did Jackson oppose the Bank of the US?
Answer

Jackson opposed the Bank of the US because he believed it was a tool of the wealthy elite and that it concentrated too much power in the hands of a few individuals. He also believed that the bank was unconstitutional and favored the interests of the North over the South and West.

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Sure, I'd be happy to elaborate on my answer. The Bank of the United States was a central bank that was established in 1791...
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