0
After Jackson's veto that disallowed the re-charter of the Bank of the United States, several smaller institutions arose. These "pet banks" flooded the country with issued paper money. Because this money became unreliable Jackson authorized the Specie Circular. This decree required all land to be purchased in metallic money, called specie, to provide the country with a uniform currency.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoCompassLearning Odyssey lol same here
Add your answer:
Earn +20 pts
What was the one thing that united all members of the new Whig party was opposition to?
The initial issue uniting members of the new Whig Party was the opposition to Jackson
What is the significance of Jackson's Specie Circular?
This was created by Jackson in 1836 as a reaction to the growth of paper money and credit. It required that people purchase public land from that point forward with gold or silver specie. Since most banks over loaned and distributed more bank notes than they could back this caused the panic of 1837 that Martin Van Buren had to deal with
Who is Jackson?
Sally Jackson is Percy Jackson mother
How old are Jackson's parents?
Joe Jackson is 80 Katherine Jackson is 78
Who is Jackson's brother?
Trevor Jackson
Why did Jackson issue species circular?
After Jackson's veto that disallowed the re-charter of the Bank of the United States, several smaller institutions arose. These "pet banks" flooded the country with issued paper money. Because this money became unreliable Jackson authorized the Specie Circular. This decree required all land to be purchased in metallic money, called specie, to provide the country with a uniform currency.
What did presidents Jackson issue to slow the inflation caused by the proliferation of paper money and to restrict land expansion?
President Jackson issued the Specie Circular of 1836
What did president Jackson issue to slow the inflation caused by the proliferation of paper money and to restrict land expansion?
President Jackson issued the Specie Circular of 1836
What man was most closely related to the Specie Circular?
Andrew Jackson was most closely related to the Specie Circular. By Jackson's 1836 Executive Order, the Specie Circular required payment for government land to be in gold and silver.
What did president Andrew Jackson issue in 1836?
In 1836, President Andrew Jackson issued the Specie Circular. This executive order required all public lands to be purchased with gold or silver coins, rather than paper currency. It was intended to curb rampant speculation and stabilize the economy, but instead contributed to the economic downturn known as the Panic of 1837.
How did Jackson specie circular of 1836 affect the economy of the US?
it triggered a panic
How did Jackson's specie circular of 1836 affect the economy of the US?
it triggered a panic
When separated what new species form?
queen latifa species and michael jackson species<3
Which of these men most closely related to the specie circular?
Andrew Jackson is most closely related to the Specie Circular. As the president of the United States from 1829 to 1837, Jackson issued the Specie Circular in 1836. This executive order required the purchase of public lands to be made with gold or silver rather than paper currency, with the aim of curbing land speculation and stabilizing the economy.
Do they have mitochondria characteristic of anaerobic species?
Yes they have. They have 70s ribosomes and circular DNA
How did Calhoun and Jackson differ on the issue of nullification?
False
What issue influenced Americans political thinking during Andrew Jackson's presidency?
The state of local economies was the issue that most impacted the political thinking of Americans during Jackson's presidency. Andrew Jackson was the 7th U.S. President.
