The purpose Missouri Compromise was to settle between anti and pro slavery states
It reinforced segregation and discrimination.
Booker T. Washington (1856-1915) advocated gradualism. That meant being patient and doing what white society would allow, which meant changes and better times for blacks would come slowly.
A different point of view was taken by W.E.B. Du Bois (1868-1963). Du Bois noted that Washington's approach was not accomplishing any real gains for blacks. He also felt that Washington's point of view showed acceptance of the racial inferiority of blacks. Plus he saw that institutions in the black community were being dominated by persons like Washington, rather than really empowering all individuals for themselves. Du Bois argued that all black citizens should have the right to vote, equality as citizens, and access to education according to their abilities, and his approach was more confrontational, attacking segregation using protests, lawsuits, and publications. Du Bois was strongly active in the National Association for the Advancement of Colored People (NAACP).
Yes it completely makes it so third party candidates cannot become president. Presidential candidates who did not win a majority of the popular vote were elected president because of the electoral college. Presidential candidates mainly only campaign in swing states.
Too much stock speculation and overproduction in industry and agriculture.