| A | B |
|---|
| Martin Van Buren | president elected in 1836 after serving as Jackson's vice-president |
| Panic of 1837 | widespread fear about the state of the economy that spread after Van Buren took office |
| depression | severe economic slump |
| Whig Party | political party formed by Henry Clay, Daniel Webster, and other Jackson opponent |
| William Henry Harrison | Whig presidential candidate in 1840 |
| John Tyler | Harrison's running mate in the 1840 presidential election |
| inflation | an increase in prices and a decrease in the value of money |
| said that it was not constitutional and instead was a monopoly that favored the few at the expense of the many. | Jackson's reason to veto the renewal of the charter for the National Bank even though the Supreme Court said that the bank was Constitutional |
| people supported Jackson's war on the bank | reason Jackson won the re-election. |
| state banks | where Jackson deposited government funds |
| made it easier to borrow money and as a result people took out loans; banks issued too much paper money; inflation | problems as a result of state banks. |
| Jackson's popularity and the nation's prosperity | reasons Van Buren won the presidency |
| King Andrew | nick name Whig party had for Andrew Jackson |
| frontiersman, war hero, lack of strong political views | reason Whigs chose Harrison as their presidential candidate |
| Election of 1840 which was when Harrison was elected presidnet | showed the importance of the west in American politics |
