It was business magnate <span>Ross Perot who ran for president in the 1992 election but lost to Clinton. </span>
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.
The Virginia plan wanted state representation based upon the population of the state. This is why it was supported by larger states. It gave larger states more representation in Congress than smaller states.
The problem with the Great Depression of 1929 and the subsequent years
was that actually government did nothing to intervene. President Herbert
Hoover believed that government should interfere and that the market
will balance itself out. That is one of the reasons that President
Roosevelt won with a landslide with his promise of the New Deal.
In
2008 the government took a much active role in combating the Great
Recession. For example, the government even bailed out some banks that
were in trouble as well as provided emergency help. They also proposed
and passed many laws that would help prevent this kind of situation in
the future.
