The situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
The Missouri compromise made by Henry clay said that Missouri would enter as a slave state and that Maine would enter as a free state, also everything above the 36/30 line of latitude was free and everything below it, was slave.
New England had the least amount
Political corruption, peasant unrest, and governmental incompetence.