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Bank War

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

When was the Bank recharter legislation introduced?

a)

January 1832

b)

October 1832

c)

March 1832

d)

February 1832

2.

Why was the "Monster Bank" seen as a threat.

a)

Controlled by the British

b)

Attempted to end slavery

c)

Too much control of the country

d)

Was against foreign trade

3.

Definition of Hard Money

a)

Shillings

b)

Gold and Silver

c)

Paper money

d)

Coins

4.

Name one way the Monster Bank was diminished by Jackson

a)

War

b)

Treaty

c)

Passed a new act that took away their responsibility of controlling the country and their money

d)

Refused to sign a document that would've extended their charter

5.

Who was the president of the Bank of the U.S

a)

Henry Clay

b)

Daniel Webster

c)

Nicholas Biddle

d)

John Adams

6.

What was the main purpose of the "Monster Bank"

a)

Controlled the money of the immigrants

b)

Handled the money of the employees of the white house

c)

controlled the country's money supply

d)

...

7.

What caused inflation?

a)

national banks

b)

food banks

c)

local banks

d)

pet banks

8.

What did the president of the bank want?

a)

He wanted the bank rechartered

b)

He wanted to expand the bank

c)

He wanted to retire

d)

He wanted to relocate the bank

9.

What led to the Panic of of 1837?

a)

Rebellion

b)

Specie Circular

c)

Trail of Tears

d)

The crash of the second bank

10.

Who was Jackson's opponent in the presidential election?

a)

Henry Johnson

b)

Henry Stewart

c)

Henry Clay

d)

Henry Foreman