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How Did Andrew Jackson Affect The Economy

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About fifty years into the United States, politics were settling down and economics were beginning to heat up. The societal structure seen today of the wealthier the better, is in its early stages of development along with the ideas of being alone to make a fortune for the self. All of these stem from the changing beliefs of the time as seen in politics and people of society in the time of Andrew Jackson. Back in the earlier days of the United States, one would only be separate in the course of elections. People worked together to create the government structure through compromises and amendments that allowed for a suitable country to live in for all that were free. The United States was a sort of island away from all other countries, and it needed to in order to create a new form of government that was malleable to the situations at hand. However, since several decades had passed, the status quo had changed. Parties had risen and a war had been fought causing the country to next focus on its economy. …show more content…

The expansion in the south allowed for more slaves to work the larger plantations. Both of these leading to an economy based on production. Andrew Jackson comes into play when he vetoes a bill for the recharter of the Bank of the United States. With the economy based on paper money and credit, there has to be some entity to provide a foundation for that credit. Andrew Jackson was one who showed signs of nativism when saying, “let them [gratuities] not be bestowed on the subjects of a foreign government nor upon a designated and favored class of men in our own country,” (Documents 75). Not only does Jackson believe it to be in the best interest of the country to support a few of the wealthy by a recharter of the Bank along with those foreign shareholders who would also

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