Explain the similarities and differences between Alexander Hamilton's Financial Plan and Henry Clay's American System.

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation:

the great compromise was the deal of how representation for each state in congress as written in the constitution worked. small states such as new jersey wanted each state to have an equal amount of representatives regardless of their population. bigger states such as virginia wanted each state to have representation based solely on their population. the compromise itself states there would be a senate (equal representation for each state) and a house of representatives (representation based on population).

due to this explanation, i don't really think you could say small states and large states gave up something specifically. you could say the small states gave up their want for each state to have an equal amount of representatives regardless of their population, and you could say the large states gave up their want for each state to have representation based solely on their population, but technically the great compromise worked it out really well!

or in shorter terms how they would be represented in congress.

answer is c, stresses traditional approaches to issues in government.