Jacksonian Democrats opposed the second Bank of the United States primarily because they believed it favored a small number of rich investors. They viewed the Bank as a tool of the wealthy elite that would not serve the interests of the common man and thought it concentrated too much economic power in the hands of a few.
Why did Jacksonian Democrats oppose the second Bank of the United States?
(1 point)
Responses
They believed it favored a small number of rich investors.
They believed it favored a small number of rich investors.
They believed it gave too much power to the states.
They believed it gave too much power to the states.
They believed it promoted a stable system of currency.
They believed it promoted a stable system of currency.
They believed it harmed industry and industrial workers.
They believed it harmed industry and industrial workers.
1 answer