The Jacksonian Era Essay -- American History, Politics

Whether people admired Andrew capital of Mississippis policies and decisions as president or did not they can all jibe that the devil most of import economic disputes during the Jacksonian Era were the chamfer struggle conflict and the Specie Circular fear of 1837. The Jacksonian Era by Remini, should be renamed The Jacksonian Economy because the outcomes of these two conflicts were what made the Statess economy today. In describing these two conflicts, Remini showed how Americas learned the hard way of what to do and not do in order to have a undefeated economy. The depone fight was important because it proved that the nations pecuniary resource could not be trusted in the hands of one man. Jackson believed this to be true and fought to change it. He believed that the Second Bank of the join States was unconstitutional and that it posed a serious threat to the American economy. On the other hand, this American System which was inspired by Alexandria Hamilton, Henry Clay, and function by Nicholas Biddle was meant to modernize the nations economy. Both sides of the Bank War would not back guttle, which lead to Jackson eventually closing down all banks because he believed they were devices to cheat common people. The other most important conflict which played a role in Jacksonina Era was the Panic of 1837. This was the most serious depression the young nation had seen yet. The economy suffered in a number of ways such as large debts, an uncomplimentary balance of trade as imports had exceeded exports which resulted in a loss of specie and several crops failures had also taken place in 1837. Both conflict had enormous carry ons on Americas economy and had many repercussions. The showtime important economic conflict that Remini presented was Jacksons war against the Bank of the... ... passage of the Federal Reserve System. (P-40) Even though the Panic of 1837 had an impact worldwide, overall the Bank Wars had the most influential and long lasting personal effects on the United States.The Jacksonian Era was a trial and fracture period for the nations economy. Whether people admired Andrew Jacksons policies and decisions as president or did not they can all agree that the two most important economic conflicts during the Jacksonian Era were the Bank War conflict and the Specie Circular Panic of 1837. Both conflicts taught a life lesson of what to steer away from in order to achieve the American dream. Reminis The Jacksonian Era taught economic and financial history by exploring the explanation and causes of the Bank War and Panic of 1837. For without the knowledge of these two conflicts, America would not know how its economy survived in the first place.