A depression caused by falling cotton prices in Britain and bad banking practices.
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15
What was the Nullification Crisis?
South Carolina’s opposition to the "Tariff of Abominations" and attempt to nullify federal law.
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What were "pet banks"?
State banks where Jackson placed federal deposits after removing them from the National Bank.
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What events increased sectionalism?
Debates like the Missouri Compromise and tariff disputes.
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What was the American System?
A plan to promote economic growth through protective tariffs, a national bank, and internal improvements.
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15
What was Jackson’s position on the Bank of the United States?
He opposed it and vetoed the renewal of its charter.
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What were the major national issues during this period?
Nationalism, sectionalism, and democratization.
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What was the Missouri Compromise?
A deal admitting Maine as a free state, Missouri as a slave state, and banning slavery north of Missouri’s southern border (36°30') in the Louisiana Territory.
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15
What law authorized the forced removal of Native Americans?
The Indian Removal Act of 1830.
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Who was the chief advocate of economic nationalism?
Henry Clay.
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How did Jackson respond to nullification?
He supported the Force Bill, authorizing military action against South Carolina if needed.
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What compromise ended the Nullification Crisis?
The Compromise Tariff of 1833, which gradually lowered tariff rates.
