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Slavery was still an issue, so Congress had to pass the Missouri Compromise. There were equal amounts of slave and free states before Missouri requested statehood, so there was much debate on whether Missouri should represent a free or a slave state in Congress, meaning whichever group it represented would get more representation in Congress. So, Maine was admitted as a free state at the same time Missouri was admitted as a slave state, creating the Missouri Compromise.
One reason that more people didn’t foresee the economic collapse of the 1930s is that it came about so suddenly, with practically no warning, since the US economy throughout the 20s was thriving and "booming"--leading people to think that there were no issues whatsoever.
Heya!!!
Answer to your question:
C. micro economics.
Micro economics is basically study of economics on a smaller level i.e. at an individual, group or company level.
Hope it helps ^_^