No, generally speaking buying <span>stock on margin did not remain profitable as long as stock prices fell, due to the pact that this meant the loan that was used to purchase the stock often had to be paid back before profits were made. </span>
Answer:
It was a sectional crisis during Andrew Jackson.
Basically means that the Nullification crisis cancelled (within the South Carolina boundaries) the tariffs law saying it was unconstitutional and therefore it was eliminated. The U.S. suffered an economic downturn throughout the 1820s, and South Carolina was particularly affected
Explanation:
