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The Bank of the United States was established.

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Congress rejected the charter ant it resulted it many more banks being made.

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congress made second bank to restore order to the banking system

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Andrew Jackson moved all money to smaller state banks

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the small banks were irresponsible and it led to the panic of 1837

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government made national banks that were checked to ensure safety

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congress passed the gold standard to make gold a government backed currency

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panic of 1907 happened because the banks made poor loan choices again

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government created an agency to try to prevent panics from happening

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The federal reserve banking system was established consisting of 12 national banks around the country.

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FDIC was created in response to the great depression to ensure account holders