Could you elaborate on how the Missouri Compromise attempted to achieve this balance and what the implications were?

The Missouri Compromise of 1820 was passed by the United States Congress in an attempt to maintain a balance between free and slave states as new territories were admitted to the Union. The compromise allowed for the admission of Missouri as a slave state and Maine as a free state, thus maintaining the balance of 12 free states and 12 slave states in the Senate. Additionally, the compromise established a line of latitude, known as the 36°30′ parallel, which stated that slavery would be prohibited in any new territories north of this line.

The implications of the Missouri Compromise were significant. It temporarily defused tensions between the North and South over the issue of slavery, allowing for a period of relative peace and stability in the United States. However, it also set the stage for further conflicts over slavery and ultimately failed to address the underlying divisions between the North and South.

The compromise highlighted the deep-rooted differences between the North and South on the issue of slavery and foreshadowed the coming Civil War. It ultimately proved to be a temporary solution that did not address the fundamental issue of slavery's expansion into new territories, leading to further debates and conflicts in the years to come.