During the Jackson Era, what was the status of the national debt?

A. Paying off the debt was not possible due to the continued expansion of the United States.

B. The sale of Western lands was profitable enough to pay the national debt.

C. The national debt was nonexistent during Jackson's administration.

D. Jackson implemented such high taxes on businesses and farmers, the national debt was able to be paid off.

Question

History

Darnell Perry

22 January, 20:35

During the Jackson Era, what was the status of the national debt?

A. Paying off the debt was not possible due to the continued expansion of the United States.

B. The sale of Western lands was profitable enough to pay the national debt.

C. The national debt was nonexistent during Jackson's administration.

D. Jackson implemented such high taxes on businesses and farmers, the national debt was able to be paid off.

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Answers (1)

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Adison Clarke · Answer 1

D. Jackson implemented such high taxes on businesses and farmers, the national debt was able to be paid off.

Explanation:

During his presidency, Andrew Jackson had as a goal to pay off the national debt. He believed that debt was a threat of liberty and because of that, he enforced the shrinking of the debt by being frugal with federal funds. Jackson believed that the federal government had the power to levy and enforce tariffs and believed that the revenues that they generated would raise money to pay off the national debt. This resulted in the Nullification Crisis later.