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What Were "Pet Banks

Question 17

Multiple Choice

What were "pet banks"?


A) State banks that were preferred by Nicholas Biddle.
B) Branches of the Bank of the United States in states hostile to Andrew Jackson.
C) State banks chosen by President Jackson to be depositories of federal money.
D) Banks owned by members of the Whig party.
E) Foreign banks that lent capital to American mill owners.

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