American History

How did Jackson’s Bank War change the United States economy?

It caused the closure of the Second Bank of the United States and led to the Panic of 1837.

It promoted the idea that states could successfully operate their own national banks.

It prevented the closure of the Second Bank of the United States which led to the War of 1812.

It led bank President Nicholas Biddle to sell bank shares to European investors.

A?

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  1. It caused the closure of the Second Bank of the United States and led to the Panic of 1837.

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