Question

What event exposed the need for a Second Bank of the United States?

Answer 1

The Second War of Independence had left the country's finances in disarray.

Explanation:

James Madison issued the charter of the Second Bank of the United States in 1816 just after the Second War of Independence had come to an end. It was supposed to mark the end of Jeffersionian agrarianism and the advent of industrialism.

Andrew Jackson would eventually launch a new crusade against the banks after 1829 and told his Vice President "The Bank, Mr. Van Buren, is trying to kill me, but I shall kill it.". When asked about his greatest achievement he answered "I killed the bank".