Industrialization in the South.
The Value price on XX-Southern Brick is about 197,000 US dollars.
Total number of slaves in the Lower South : 2,312,352 (47% of total population). Total number of slaves in the Upper South: 1,208758 (29% of total population). Total number of slaves in the Border States: 432,586 (13% of total population). Almost one-third of all Southern families owned slaves. In Mississippi and South Carolina it approached one half. The total number of slave owners was 385,000 (including, in Louisiana, some free Negroes). As for the number of slaves owned by each master, 88% held fewer than twenty, and nearly 50% held fewer than five. (A complete table on slave-owning percentages is given at the bottom of this page.) For comparison's sake, let it be noted that in the 1950's, only 2% of American families owned corporation stocks equal in value to the 1860 value of a single slave. Thus, slave ownership was much more widespread in the South than corporate investment was in 1950's America. On a typical plantation (more than 20 slaves) the capital value of the slaves was greater than the capital value of the land and implements.
Its been said that when the slaves were freed the south lost one billion dollars in property, which was what the slaves were assessed at in total for property tax purposes. That was one billion 1860 dollars too, when that was serious money. The slaves had a market value higher than the land they farmed.
Slaves as they were in those early years were not classified as people in the sense you and I might think of them. During the course of settling lands, moving selling slaves were property and had no value within the family system, only as a valued piece of the property that was being transported. Slaves were closer to being thought of as a tool or equipment.
It depends, this silver dollar, which since you say has a "D" on it, which means it is a Morgan Dollar, is not worth much over its bullion value in this condition. As the price of silver has risen (about $35 per ounce as I write this), the silver value has now exceeded its numismatic value. Keep in mind that a silver dollar is NOT one ounce of silver. The coin is 90% silver and has 0.77343 of silver in them
The safest investments for a young family are investments that have intrinsic value, such as gold, silver, and oil. These investments will hold their value even during periods of extreme inflation and will always be in demand.
bonds valuation is the TVM concept used to measure the carring value of investments in bonds.
It means the maximum. It is a value that may be reached but cannot be exceeded.
Yes, investments are considered assets because they represent ownership of something of value that can generate future income or increase in value.
capital loss
no
To properly record investments in accounting, you should classify them as either short-term or long-term investments based on how long you plan to hold them. Short-term investments are recorded at their current market value on the balance sheet, while long-term investments are recorded at their historical cost. Any changes in the value of investments should be reflected in the financial statements.
There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
value line
Investments are considered assets because they have the potential to generate income or increase in value over time.
Yes, a negative rate of return is generally considered bad for investments because it means that the investment has lost value rather than gained value.