5.)Which answer best describes why many of the states opposed the Second Bank of the United States?
A.)The National Bank created strict banking laws.
B.)The National Bank was not bound by state banking laws.
C.)The National Bank was in competition with the state banks.
D.)The National Bank took all of the customers from the First Bank.
And what is your choice? If your text is unclear on the issue, read this:
http://www.u-s-history.com/pages/h256.html
C is probably the "best" answer, but there were many other better reasons, such as fraud, corruption, the disagreement on money basis (ie, gold, silver, or notes).
To determine the correct answer, we can analyze each option and see which one aligns with the reasons why many states opposed the Second Bank of the United States.
A.) The National Bank created strict banking laws.
This answer may not be the best choice because the creation of strict banking laws by the National Bank is not necessarily a reason for states to oppose it.
B.) The National Bank was not bound by state banking laws.
This reason could potentially be a valid concern for states since it suggests that the National Bank had the power to operate without abiding by state banking laws, which could have been seen as undermining the authority of state governments.
C.) The National Bank was in competition with the state banks.
This answer seems plausible because if the National Bank was in direct competition with state banks, it could have threatened their existence or profits. As a result, many states might have opposed the Second Bank of the United States.
D.) The National Bank took all of the customers from the First Bank.
This answer seems less likely because the First Bank of the United States had ceased operations by the time the Second Bank was established, so it would not have been possible for the Second Bank to take all the customers from the First Bank.
Considering the options provided, the answer that best describes why many states opposed the Second Bank of the United States is:
C.) The National Bank was in competition with the state banks.