Bank War: The Bank War refers to President Jackson's campaign against the Second Bank of the United States. He believed that the bank had too much power over the economy and sought to dismantle it.
Specie Circular: The Specie Circular was an executive order issued by President Jackson requiring all public lands be purchased with gold or silver coins rather than paper money. This intention was to reduce speculation and stabilize the economy.
Nullification Crisis: The Nullification Crisis arose when South Carolina declared that certain federal tariffs were null and void within its borders. It highlighted tensions between states' rights and federal authority in matters of economics and legislation.