The white man.
wealth
In economics, wealth is the net worth of a person, household, or nation, that is, the value of all assets owned net of all liabilities owed at a point in time. For national wealth as measured in the national accounts, the net liabilities are those owed to the rest of the world. The term may also be used more broadly as referring to the productive capacity of a society or as a contrast to poverty. Analytical emphasis may be on its determinants or distribution.
Most southern farmers owned no slaves
If the company is public listed (trades in the stock market) their aim is shareholder wealth maximization whereas for a privately owned firm a profit maximization objective is appropriate.
When writing or speaking about capital you need to be specific about the type of capital. You might refer to political, human or social capital. Or the capital of a state or country. In this case, fiscal capital refers to an economic measure that is any form of wealth capable of being employed in the production of more wealth. So, what is wealth? In economics and business, the wealth of a person or nation is the value of assets owned net of liabilities owed (to foreigners in the case of a nation) at a point in time. I'll let you continue your economics vocabulary education and look those words up for more details. If you look at a balance sheet for a company the bottom line tells you the fiscal capital or wealth of the company. Your check book balance is your fiscal capital.
by the number of cattle owned
number of cattle owned
In the southern part of the United States, particularly states like Virginia, the Carolinas, and Georgia, wealth was often based on the amount of land and number of slaves one owned. The plantation system, which relied heavily on slave labor, was a key factor in accumulating wealth in these regions.
In the southern United States, particularly in states like Virginia, South Carolina, and Georgia, wealth was often based on the amount of land and number of slaves one owned. The plantation economy in these states relied heavily on large-scale agriculture, predominantly cotton, tobacco, and rice, which necessitated extensive land holdings and a significant labor force provided by enslaved individuals.
was the basis of wealth in the South
In the southern part of the United States, especially states like Virginia, South Carolina, and Georgia, wealth was heavily based on the amount of land and number of slaves that one owned. The plantation economy relied on slave labor for producing cash crops such as cotton, tobacco, and rice, which contributed greatly to the accumulation of wealth in the region.
He did not have any slaves
Some yeoman farmers did own slaves, but not all. The number of slaves owned by yeoman farmers varied depending on factors such as location, wealth, and social customs. Generally, yeoman farmers who owned slaves had smaller holdings compared to large plantation owners.
The wealth of a Celt was measured by how many head of cattle a person owned and would best describe the social institution of power. By having more cattle a person was deemed to have more power.
As for the number of slaves owned by each master, 88% held fewer than 20
Mississippi
The Celts measured their wealth in terms of the number of cattle they owned. Cattle were an important symbol of wealth and status in Celtic society, and owning more cattle meant being considered richer and more powerful. Land ownership and valuable items such as jewelry and weapons also contributed to a person's wealth in Celtic culture.