destinykelly2007 destinykelly2007

01-03-2021
History

contestada

The Panic of 1837 was partly caused by Jackson's order that the government's money remain i
the Bank of the United States.
A. True
B. False

Respuesta :

anjunat anjunat

01-03-2021

Answer:

False

Explanation:

The Panic of 1837 was actually caused by Andrew Jackson's order to remove money from the Bank of the United States and distribute the money to less well-managed state banks. Jackson did this because he felt that the bank was much too centralized and consolidated too much power in the hands of the federal government.

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