Andrew Jackson blamed ___________ for sparking the Panic and Depression of 1819.

Question

Quizplus · Accepted Answer

Andrew Jackson blamed the Bank of the United States for sparking the Panic and Depression of 1819. He believed that the Bank had engaged in reckless lending practices and contributed to the speculative bubble in land prices that resulted in the economic downturn. Jackson's opposition to the Bank became a central issue in the election of 1828, which he won by a landslide.

Andrew Jackson Blamed ___________ for Sparking the Panic and Depression