Congress had long struggled to maintain an equal balance between slave and free state. As a result it would take six years for Congress to act on Florida's wish. Congress had to wait until another territory was ready to become a free state.
As of 2007, the richest 1% held about 38% of all privately held wealth in the United States. while the bottom 90% held 73.2% of all debt. According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent.Today, the top 1 percent of households own more wealth than the bottom 90 percent combined.
Technological advances during the Industrial Revolution change Great Britain by diminishing the cottage industry. It also affected agricultural produce because people working on the land were lured to migrate to cities and work in factories.
The middle classes benefited the most form these changes while the laboring classes benefited the least.
