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QuizMultiple Choice

The National Bank

Question 1 • FL-2100010-M/J United States History A-CR

What was the main action President Jackson took regarding the Second National Bank?

Answer
A
Jackson extended its charter for one year, and then allowed it to dissolve.
B
Jackson vetoed an extension of its charter, causing it to dissolve.
C
Jackson pressured state banks to deposit funds in the Second National Bank.
D
Jackson extended its charter over the objections of the Supreme Court.

Explanation

President Andrew Jackson opposed the Second National Bank and vetoed a bill to renew its charter in 1832. The bank continued operating until its charter expired in 1836, after which it dissolved as a national institution. Therefore, the correct choice is “Jackson vetoed an extension of its charter, causing it to dissolve.”

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