Answer: A market revolution was built on traditional sources of power in the 1815. Human, animal, water, etc. would be sold and because of this it gain the pace and scope of economic activity. Another things was Transportation, The speed of transportation increased between 1815 and 1840, while its costs decreased at the same time. These changes were due to the developments on canals, roads, railroads and steamboats. As well as the innovations in banking system. People thought that by expanding the money supply and providing loans for entrepreneurs, it made banks stimulated production and consumption, which did. Lastly, innovation in commercial law. In the 1810s, legislators …show more content…
What was Andrew Jackson's philosophy of government and his impact on the office of the presidency?
Answer: Andrew Jackson's philosophy on government was similar to Jefferson’s view where he wanted limited power for the government. Jackson created hospitality to the public, making him seem common. He supported opportunities for white men in the west, the impact on the office of presidency was that he created more presidential power, took down the Bank of the United States and its wealthy investors, and started defining to a new party in the US, aka the Democratic Party.
3. What were the reasons for the Jacksonian war on the Bank of the United States, and its effects on the American financial system? Answer: Andrew Jackson did not find the Bank of United States. Jackson actually took steps to destroy the bank by ordering sizable federal deposits to be removed from its vaults and redeposited into Democratic-inclined state banks. Thus making the Bank of the United States raise its interest rates. As a result, there was a brief decline in economy by 1833. The economy attained an admirable goal making the national debt disappear. From 1855 to 1837, the government had a monetary surplus.
4. What were Jackson policies toward the Native