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It was made because the president was in debt from the revolutionary war,also the bank help form a currency permament so every state has the same currency.
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The mint act autorized the money bills and the coints to be made it in the government of the U.S
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Andrew Jackson become an opponent of the 2nd bank of the United States as it attempted to gain more money and power
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United States government began printing paper money
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Established standard for currency that mean taxed state bank notes,making them unprofitable.
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This bank established the basic banking system in use today.
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Was the worst and longest economic crisis of Western indusrialized nations during the twenieth century because the victims of the depression was the banks.
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Newly elected president Franklin D. Roselvelt closed all banks and declared a bank holiday to save the remaining assests of banks still in bussiness.
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Between 1980-1990 several act were passed which affected banks.
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Allowed banks to complete more freely with others financial firms so thats why is called The Monetary Act.
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There was a controversial debate between the government over discontinuing the penny
