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President Jackson Distrusted the National Bank Because

Question 26

Multiple Choice

President Jackson distrusted the National Bank because


A) he thought Nicholas Biddle was assuming too much power.
B) he did not believe that the Bank was constitutional.
C) private owners held shares in the Bank.
D) he viewed paper money as dangerous, based on his personal financial losses in a bank during the 1790s.
E) so many different currencies existed throughout the United States.

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