Answer:
Journal Entry:
Supporters of the Jersey Plan mostly come from the larger states like New York or New Jersey. They believe that the seats of Congress should be distributed according to the states population. This plan clearly benefits the larger states.
Supporters of the Virginia Plan mostly come from the smaller states and the South. They feel that the seats of Congress should be distributed equally among the states, regardless of population size. This plan clearly benefits the least populated states.
A compromise should be reached that benefits both sides. Perhaps a bicameral Congress with one chamber benefiting the most populated states, and the other chamber benefiting the least populated states.
The government stays out of affairs and lets the market mange itself. In this vien, Adam Smith’s “invisible hand” is the idea that there is an invisible force or hand that drives and manages the economy. People who subscribe to this form of economic thought usually favor small government intervention...they think the market will take care of itself and doesn’t need government subsidies, regulation, etc.
Multiple choice or written essay?
