Can someone please help me with this question? I thought that I had something but I was off base on it. Why was the Bank War significant? Thanks for your help. I know that significant means meaningful; expressive; important; momentous.

Check these parts of these sites.

http://en.wikipedia.org/wiki/Bank_War -- Lasting Effects

http://www.sparknotes.com/101/us_history_one/jacksonian_democracy/jacksons_bank_war.html

http://americanhistory.suite101.com/article.cfm/bank_war -- Removal of Government Deposits

You sir are a tool. Go do your own homework

Certainly! The Bank War refers to the political struggle that took place in the United States during the 1830s over the establishment and role of the Second Bank of the United States. To understand why the Bank War was significant, we need to examine its historical context and its impact.

To get a deeper understanding, we can start by conducting research on the Second Bank of the United States and its purpose. The bank was originally established in 1816 as a central bank to stabilize and regulate the nation's money supply. It held both public and private funds and was intended to provide financial stability during an era of economic uncertainty.

To further comprehend the significance of the Bank War, it's helpful to look at the political climate of the time. Andrew Jackson, the seventh president of the United States, played a central role in this conflict. Jackson viewed the bank as a stronghold of the wealthy elites and accused it of favoring them at the expense of ordinary citizens.

Researching the perspectives and policies of President Jackson will allow you to better understand his motivations and the impact of his actions. Jackson believed that the bank wielded too much power and control over the nation's economy, leading to economic inequality and corruption. He vetoed the re-chartering of the bank in 1832, despite Congress's support.

To fully grasp the significance of the Bank War, you may want to explore the repercussions it had on the economy and the political landscape of the United States. The bank's demise triggered a series of economic crises, including the Panic of 1837, which caused widespread financial instability.

Additionally, the Bank War marked a turning point in the balance of power between the executive and legislative branches of the government. Jackson's veto of the bank re-charter served as a precedent for future presidents, as it expanded the power of the executive branch and concentrated authority in the hands of the president.

By thoroughly researching these historical events, analyzing primary and secondary sources, and considering multiple perspectives, you will gain a comprehensive understanding of why the Bank War was significant.