The Connecticut Compromise Prevented the Collapse of the Constitutional Convention

question 12

Multiple Choice

The Connecticut Compromise prevented the collapse of the Constitutional Convention by resolving which fundamental conflict between the Virginia and New Jersey Plans?

• A)The conflict between members who wanted a strong federal government and those wanting strong states' rights
• B)The deep political division between James Madison and Alexander Hamilton
• C)The disagreement among members about representation in the national legislature
• D)The problem between those who favored a bill of rights and those who opposed it
• E)The problem of trade between northern states and southern states

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Definitions:

Factor Costs

The expenses associated with utilizing the factors of production, including labor, capital, and land, to produce goods or services.

Price of the Good

The amount of money required to purchase a specific product or service.

Suppliers' Expectations

The anticipations or forecasts of future conditions by suppliers that can influence their decisions on production, pricing, and stock levels.

Surplus

The amount of a commodity or service available beyond what is directly needed by its consumers, often leading to lower prices.