What was the result of the destruction of the national bank?

(1 point)
Responses

another nullification crisis

another nullification crisis

the election of Martin Van Buren

the election of Martin Van Buren

paper money of uncertain value flooding the economy

paper money of uncertain value flooding the economy

the formation of the Whig Party

1 answer

The correct response regarding the result of the destruction of the national bank is "paper money of uncertain value flooding the economy." After the national bank was dismantled, the U.S. experienced economic instability, leading to a proliferation of state-chartered banks and a lack of standardized currency, resulting in paper money that varied in value and contributed to economic turmoil.