djnocap13 djnocap13
  • 26-01-2021
  • Social Studies
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Summarize Jackson’s steps in the War on the Bank. What was the eventual outcome

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xplayer2121
xplayer2121 xplayer2121
  • 01-02-2021

Answer:

The Specie Circular was Jackson's last major move in the bank war, and it succeeded in virtually ruining the credit system of the Second Bank. The clashes between Jackson and Biddle likely contributed to the Panic of 1837, a major economic crisis that impacted the U.S. and doomed the presidency of Jackson's successor, President Van Buren.

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