Solved

For Many Decades Following the Presidency of Andrew Jackson, the United

Question 59

Multiple Choice

For many decades following the presidency of Andrew Jackson, the United States had no central bank and thus no means of implementing national monetary policy due largely to opposition from:


A) Federalist leaders who sought to keep control in the hands of private, state-chartered banks.
B) monied elites who largely profited from an unstructured system, despite the occasional, ruinous financial panic.
C) followers of Jackson, who won the presidency by railing against urban financial elites.
D) agricultural interests, who feared being dominated by urban, industrial capitalists.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents