Background | Banking | Economics |
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13
How old was Jackson when he joined a militia?
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Andrew Jackson
Who shut down the second Bank of the US?
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Britain
What country did Jackson end trade restrictions with?
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Buying and selling land/owned plantation
How did Jackson make his fortune?
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Alexander Hamilton
Who did Clay quote in talks of the National Bank?
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Help fund the government/pay off America's national debt
Tariffs were necessary to do what?
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Attorney
What was Clay's profession before getting involved in politics?
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"The Monster"
What did Jackson call the bank?
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Small farmers/Agriculture
Jackson agreed with Jefferson's views of the economy being largely run by who?
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"Old Hickory"
What did Jackson's troops nickname him?
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create a uniform national paper currency, purchase large part of public debt, receive deposits of treasury funds and lastly require banks of the US notes & and deposits to be redeemable
What did Clay believe the roles of a National Bank were?
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1. Protective Tariffs 2. National Bank 3. Transportation Projects
What where the 3 main components of the American System?
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