Democrats - Market
During Jackson's second term, his opponents had gradually come together to form the Whig party. Whigs and Democrats held different attitudes toward the changes brought about by the market, banks, and commerce. The Democrats tended to view society as a continuing conflict between "the people" farmers, planters, and workers, and a set of greedy aristocrats. This "paper money aristocracy" of bankers and investors manipulated the banking system for their own profit, Democrats claimed and sapped the nation's virtue by encouraging speculation and the desire for sudden, unearned wealth. The Democrats wanted the rewards of the market without sacrificing the features of a simple agrarian republic. They wanted the wealth that the market offered without the competitive, changing society; the complex dealing; the dominance of urban centers; and the loss of independence that came with it. The author mentions bankers and investors in the passage as an example of which of the following?
Practice This Question with Real-Time AI Scoring
Record your voice or submit your writing to get official Pearson-aligned scores (10-90) across Oral Fluency, Pronunciation, Grammar, and Content in 1.2 seconds.
Pearson Official Scoring Guide for Multiple Choice, Multiple Answers
Scored Enabling Skills
- Communicative Skills & Enabling Skills
Timing Standard
Response Window: Official Pearson Exam Standard