Why did Andrew Jackson oppose the national Bank?

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A. The bank would collect taxes and tariffs.
B. The bank was accountable to no one
C. The bank was incompatible with the idea of nullification
D. The bank required federal troops to collect custom duties.

Answer (2):


The answer is B.

It can't be A because the bank isn't responsible for collecting taxes, the government is.

C is wrong as well because Jackson wasn't in favor of nullification in the first place. Nullification is the idea that states can nullify, or void, federal laws that they disagree with. While Jackson might have been pro states-rights, he disagreed with the idea of nullification. Not to mention that Nullification has nothing to do with the banks! It's an issue of federalism.

And it's not D because the bank didn't have the rights to tell the troops to do anything.

B's the correct answer because Andrew Jackson was a champion of the Common Man. He grew up as one of the common folk so he had a distrust of the wealthy elite. He felt that putting all of the nation's money into one privatized institution would leave the country at the mercy of the bank. He was sure that corruption would follow with so much power which would eventually make the bank uncontrollable by the federal government.


C. The bank was incompatible with the idea of nullification.