Why did Thomas Jefferson oppose re-chartering the Bank of the United States in 1811?

A) Jefferson felt that the central bank favored commercial and industrial interests over agricultural interests.

B) Jefferson believed that the central bank favored agricultural interests over commercial and industrial interests.

C) Jefferson believed that the central bank was necessary to establish financial order in the newly formed United States.

D) Jefferson believed that the central bank gave the agricultural states of the South an unfair economic advantage over the industrial North.

Question

Leyla Compton

Social Studies

18 February, 11:20

Why did Thomas Jefferson oppose re-chartering the Bank of the United States in 1811?

A) Jefferson felt that the central bank favored commercial and industrial interests over agricultural interests.

B) Jefferson believed that the central bank favored agricultural interests over commercial and industrial interests.

C) Jefferson believed that the central bank was necessary to establish financial order in the newly formed United States.

D) Jefferson believed that the central bank gave the agricultural states of the South an unfair economic advantage over the industrial North.

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Answers (1)

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Caden Garrison · Answer 1

Thomas Jefferson opposed re-chartering the Bank of the United States in 1811 due to A) Jefferson felt that the central bank favored commercial and industrial interests over agricultural interests. In addition, he claimed that the Central bank had violated the Constitution.