Jacksonian Democrats did not believe in the necessity of establishing a national bank.
President Andrew Jackson was a Democratic-Republican who did not want a central government that was too powerful or meddled much in the economy.
He therefore pursued policies that:
- Limited federal government influence on the U.S. economy
- Expanded the national borders by taking Native land
- Stopped the Federal government from using the National Bank
He also tried to get more White males to vote.
Andrew Jackson did not like the national bank because he believed it favored the higher classes. We can therefore conclude that Jacksonian Democrats did not believe in national banks being necessary.
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