Second Bank of the United States

The Great Depression is often considered to be the “defining moment” in the twentieth-century history of the United States. Its most lasting effect was a transformation of the role of the federal government in the economy. The long contraction and painfully slow recovery led many in the American population to accept and even call for a vastly expanded role for government, though most businesses resented the growing federal control of their activities. The federal government took over…

The New Deal was created to “reform society” and get the United States back to where it was before the Great Depression. The New Deal was split into two sections, the First New Deal and the Second New Deal. The First New Deal included the First 100 Days. The First 100 Days was focused on the main goal of providing relief to Americans. During the First 100 Days Roosevelt established a Bank Holiday which closed the banks until they could come back stronger than before the depression. There…

1. participatory democracy Process that gives importance to the large participation of voters. 2. constituencies an assortment of voters in a specific location who choose a delegate to a legislative branch 3. Federalists One of the first political parties to come into being (for America). From the mid 1790s to 1816, Federalist held the majority, and the party itself would endure until the 1820s. The Federalists controlled the central government until 1801…

a new state into the Union and guaranteed that new states would be equal to the original 13 states. It was considered to be one of the most significant achievements of the Confederation Congress. The Northwest Ordinance of 1787 let the world know that not only was the land north of the Ohio and east of the Mississippi rivers would be settled, but it would eventually become part of the United States. The Northwest Ordinance fast-tracked the westward expansion of the United States. The Bank of…

Starting in the late 18th century, the United States began moving west. Due increased land exhaustion in the South and the heavily felt pernicious effects of the Embargo Act of 1807 in the North, many people wanted to start over and get a new chance at gaining riches. The west gave Americans this chance of starting over, as there were cheap lands in the Ohio territory and the presence of land speculators made the purchase of land easier than ever before. Drawn in by the desire of personal gain,…

The Greek Revival style chosen by Latrobe was replicated first throughout Philadelphia before spreading to the rest of the United States for often governmental buildings. Latrobe’s building executed the desired style perfectly. The building was the first structure in which masonry vaults were utilized for architectural effect, not simply structural (Hamlin 153). Latrobe also used…

He had sufficient reason for many of his vetoes. In his Bank Veto Message to Congress, Jackson writes, “I sincerely regret that in the act before me I can perceive none of those modifications of the bank charter which are necessary, in my opinion, to make it compatible with justice, with sound policy, or with the Constitution of our country” (DBQ 117). For the entirety of the message, Jackson continues to clarify his reasoning behind the bank veto and it actually makes sense. Jackson was also…

The Miserable Time during the Great Depression The United States economy has experienced short periods of depressed business activity, but in 1929 the United States would experience a scarring event called the Great Depression. The Great Depression crippled the United States for over a decade because the economy collapse was so severe. Throughout all the nations the United States was the most heavily impacted; mostly because the crash started in the U.S. and then pulled the other…

The society of today faces a dangerous problem, and that is the panopticon that is known as the bank. The banks of today are created in a way to be both a physical panopticon, an authoritarian panopticon, and a financial panopticon. The banks of the United States and the rest of the world control the actions of our life in a way that seems to infiltrate everyday activities and actions. Not only do banks form a physical panopticon because of their high-level surveillance, but they form a…

economy with a three-part plan. After the Revolutionary War and a failed government under the Articles of Confederation, the Unites States was given a fresh start for a strong and centralized government. One of the major problems facing America’s first federal government was how to deal with the financial and economic chaos created by the American Revolution. Many states in the union had war debts and paper money had little to no value. The U.S.A. needed a resilient economy in order to…