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Second National Bank
The second bank role was to have private banks that would create public credit and create currency that was going to be either silver or gold. -
Panic of 1819
The Panic of 1819 was mainly when the country went into an era of a panic with currency the economy became weaker which caused people to lose money and jobs. -
Recharter Bill
The Recharter bill was a bill that was actually vetoed by Jackson. The bill was simply to protect rights and basically create a union together. -
Recharter Bill becomes Veto
Jackson vetoed the bill mainly because this went far along after the Panic of 1819 and since at that time they were having issues, they focused money and on politics so once they wanted to renew this Jackson didn´t allow them. -
Election of 1832
Jackson wins the election mainly because everyone tends to favor him for what he has done and how he is speaking up for others. -
Whig Party
After the election when Henry Clay was defeated he still was fighting with Jackson and going against him and his ideas that eventually would lead to the national bank. -
2nd National Bank Ended
Andrew Jackson was holding funds basically because that wanted to take money from other states that had it which would actually later on be called something else. -
Pet Banks
Pet banks were basically a a short name that the banks had that had the most or just in general more power, these were supported by Jackson. -
Specie Circular Act
The whole reason was this simply because of inflation and the economy. When someone wanted to buy property and basically would have to go through a process and could only be paid with currency that was silver or gold. -
Panic of 1837
The Panic of 1837 was basically another crisis going on in the economy that was mainly caused by the american banking policy. -
Election of 1840
The election of 1840 was when President Martin Van was basically trying to get another chance in this election ever since the economy has issues especially in the Whig party.