Which of the following was a consequence of Jackson’s opposition to the Second Bank of the United States?

Question

Military unrest

Trade expansion

Judicial corruption

Economic inflation

Answer 1

The consequence of Jackson’s opposition to the Second Bank of the United States was primarily economic inflation. Jackson's actions, including the withdrawal of federal funds from the bank and the distribution of those funds to state banks, led to a proliferation of paper currency and credit. This, in turn, contributed to economic instability and inflation during the 1830s, culminating in the Panic of 1837.