what: what happened? what was the main event? hoped this helped
During the early 1800s, America was a young nation whose political and economic structure was not as strong as it is today. As a result America had to face crop, insuarance and banking failures together with drops in the price of the cotton and the stock market and a crisis of credit and cash. It brought what was known as the economic panics.
The Great Compromise was basically a compromise in government that allowed each state to be represented equally.
