Why did Andrew Jackson oppose the national bank?

Question

new2luv · Answer

is this right

new2luv · Answer

Andrew Jackson hated the National Bank for a variety of reasons. Proud of being a self-made "common" man, he argued that the bank favored the wealthy.  @astro

rocfp · Answer

Thats correct

Astro · Answer

Yes, Thats corect there is one other reason too

Astro · Answer

*correct

rocfp · Answer

The other reason is that he feared the expansion of eastern business interests and the draining of specie from the west, so he portrayed the bank as a "hydra-headed" monster. https://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s

Astro · Answer

$\color{#0cbb34}{\text{Originally Posted by}}$ @rocfp The other reason is that he feared the expansion of eastern business interests and the draining of specie from the west, so he portrayed the bank as a "hydra-headed" monster. https://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s $\color{#0cbb34}{\text{End of Quote}}$ Yes, Thanks for helping

rocfp · Answer

$\color{#0cbb34}{\text{Originally Posted by}}$ @Astro $\color{#0cbb34}{\text{Originally Posted by}}$ @rocfp The other reason is that he feared the expansion of eastern business interests and the draining of specie from the west, so he portrayed the bank as a "hydra-headed" monster. https://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s $\color{#0cbb34}{\text{End of Quote}}$ Yes, Thanks for helping $\color{#0cbb34}{\text{End of Quote}}$ NP!