During the Constitutional Convention of 1787, delegates faced significant challenges in establishing a new governing framework for the United States, particularly in reconciling the interests of large and small states. One of the pivotal moments of the convention was the debate over representation in the new legislature. This issue ultimately led to a critical compromise that is a hallmark of the U.S. political system.
Based on this context, which of the following statements most accurately describes the significance of the Great Compromise?