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12 October, 01:00

How was the econmy affected by the actions Andrew Jackson took toward the National Bank?

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  1. 12 October, 04:53
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    In 1833, Jackson retaliated against the bank by removing federal government deposits and placing them in "pet" state banks. But as the economy overheated and so did state dreams of infrastructure projects. Congress passed a law in 1836 that required the federal surplus to be distributed to the states in four payments.
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