6
QuizMultiple Choice

Social Changes in the Jackson Era — Unit test

Question 6 • Survey of U.S. History - SS3313 IC

After the First National Bank’s charter expired,

Answer
A
the government never chartered another national bank.
B
a Second National Bank was chartered immediately.
C
a Second National Bank was chartered a few years later.
D
the government created the Federal Reserve the next year.

Explanation

After the First Bank of the United States’ charter expired in 1811, the country went several years without a national bank. Congress chartered the Second Bank of the United States in 1816, five years later. So a Second National Bank was chartered a few years later.

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