When President Andrew Jackson vetoed the extension of the Second National Bank's charter, the national bank

was divided up and taken over by state banks.

had to borrow money to continue operating.

ceased to operate after its charter expired.

had its charter renewed by popular vote.

The answer is C

When President Andrew Jackson vetoed the extension of the Second National Bank's charter, the national bank ceased to operate after its charter expired.

Explanation:

The Second Bank of the United States was founded in 1816, five years after the First Bank of the United States charter expired. The motivation for the foundation was the stabilization of the American currency. The role and structure of the "Second Bank" largely corresponded to that of the "First Bank". The constitutionality of a central bank was discussed in the ruling in McCulloch v. Maryland confirmed by the United States Supreme Court. The ruling also annulled all federal laws that precluded the establishment or operation of a central bank. Its president was Nicholas Biddle, a well-educated upper class citizen with a passion for banking.

However, Andrew Jackson's presidential veto prevented the "Second Bank" from being renewed, and a slow dissolution process began, which came to an end when the Charter came to an end in 1836. The existence of a central bank became an important campaign issue in the 1832 American presidential election, with Jackson supported by the Democrats and Biddle by the newly formed Whig Party. Jackson won the election and the charter was never renewed. Biddle, however, provided with new legitimacy through a federal charter, continued his work. The tensions were still enormous when President John Tyler vetoed a Whig Party legislative initiative to rebuild a central bank.