1. The Jacksonian Democrats
... translated to economics; the wasps, who had the most power, were also the richest; creating a large disparity in wealth between the Wasps and common man. These disparities created a contradiction between Jacksonian ideals and what was actually happening. For a political party that was supposed to be endorsing the spread of political power, and majority rule and offering the common man equal opportunity ... helped create an opportunity for economic equality. The bank is a very prominent anti-democratic institution that clashes with a few key Jacksonian ideals so it was inevitable that Ja...
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