Evaluate the “Bank War” by examining the causes and effects of this economic crisis. Also, explain how it impacted states’ rights.

The struggle between the U.S president Jackson and the Second Bank of the United States was called bank war.

Explanation:

The Bank war was a conflict and vicious struggle undertaken by President Andrew Jackson in the 1830s against the Second Bank of the United States, a federal institution that Jackson was trying to destroy. The Second National Bank 's collapse contributed to the panic of 1837 and all that added to it and had a deep influence on the American political structure resulting in the development of a two-party political system. The occurrences of the Bank war made the critics of Andrew Jackson extremely angry, triggering them to form a new party, the Whigs. Jackson commanded his treasury secretary to erase investments from the Second Bank and move them to privately owned state or “pet” banks.

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