Jacksonian Democracy

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Title: Jacksonian Democracy

Essay Details:

Subject: American History

Author: Patrick W

Date: February 12, 2011

Level: University

Grade: A

Length: 3 / 620

Essay text:

The Jacksonians passed the Tariff of 1828, which opened opportunity for western agriculture and New England manufacturing, but was detrimental to the South. Andrew Jackson and Jacksonian democrats believed that the US bank placed too much control into the hands of a wealthy few (Doc B). Due to this fact, Jackson vetoed the bank's recharter in 1832. In attempt to benefit the lower, working classes, he placed the federal money in "pet" state banks. This attempt destabilized the national currency, decreased specie in markets, and displayed favoritism in Jacksonian policies. Like most Jacksonian economic policies it failed, and the reduction in specie spread inflation of which the Treasury Act of 1840 could not stop...

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