Please help me Is for my final project Please I need to write this in my own words please help me The Panic of 1837 was a financial crisis that had damaging effects on the Ohio and national economies. Following the War of 1812, the United States government recognized the need for a national bank to regulate the printing of currency and the issuance of government bonds. Many in the U. S. public opposed the Bank of the United States, believing that it limited their ability to make land purchases and to pay off other debts. Jackson had opposed banks since the 1790s when he lost a sizable amount of money when he invested his money in a bank.
In 1832, Nicholas Biddle, the head of the Bank of the United States, asked to have the institution re-chartered. In 1816, the United States government had authorized the bank to operate for twenty years. Biddle, at the urging of Henry Clay, applied for re-chartering four years early. Congress agreed with the necessity for a national bank, but President Jackson vetoed the bill. His action, in essence, prevented the continued existence of the Bank of the United States after 1836.

WOW THATS A LOT

Explanation: IDK SORRY LOL

1) checks and balances- this idea is implemented in the constitution to ensure that no one branch of the federal government gains too much power. for example, the legislative branch(congress) can approve a bill that will then be sent to the executive branch (president). if the president does not like the bill or thinks that it violates the rights of citizens, he/she can veto the bill. vetoing the bill stops the bill from becoming a law. this check on power ensures that congress makes laws that do not violate the rights of citizens.

2) anti-federalists do not want to ratify the constitution unless it includes a bill of rights. the anti-federalists are worried that the constitution gives too much power to the federal government. having a strong central government caused problems when the us was still part of great britain. this is why the anti-federalists are fearful of this type of system.

3) federalists want a new constitution passed because it will fix america's weak political structure. before the us constitution is implemented, the constitution being used is known as the articles of confederation. this constitution has an extremely weak central government, allowing for disunity among the states.

can't do the whole thing, hope this