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The money and goods a person owned.

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Breanne Mohr

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3y ago

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On what were the wealth and power of the African city-states based?

The wealth and power of city-states was based on its good trading.


What was wealth based on in the Northern state?

The money and goods a person owned.


What was the basis wealth in the northern states?

Capital (stocks, goods, and assets)


What was wealth based on southern States?

Land and slaves


What was wealth based on the southern states?

Land and slaves


What was the basis of wealth in the northern state?

In the northern states of the United States during the 19th century, wealth was primarily based on industrialization and commerce rather than agriculture. The North saw significant growth in manufacturing, with factories producing textiles, machinery, and other goods, fueled by an influx of immigrant labor. Additionally, the region's extensive transportation networks, including railroads and canals, facilitated trade and commerce, further contributing to its economic prosperity. This industrial economy contrasted sharply with the agrarian-based wealth of the southern states, which relied heavily on plantation agriculture and slavery.


What were the economies of northern southern and western states based on?

Northern was based on manufacturing. Southern was based on agriclture. Western was based on Emerging economy.


What was wealth in the Southern states primarily based upon?

Land and slaves.


What was the average wealth in 1860?

In 1860, the average wealth in the United States varied significantly based on region and demographics. Estimates suggest that the average per capita wealth was around $3,000, which would be equivalent to about $100,000 today when adjusted for inflation. However, this figure masks stark disparities, as wealth was heavily concentrated among the elite, particularly in the Southern states, where plantation owners held significant assets. Moreover, many individuals, especially those in the Northern states and enslaved people, had little to no wealth.


What were the the economies of the northern southern and western states based?

Northern was the economy based on manufacturing, southern was the economy based on agriculture, and western is emerging economy


What were the economies of the northern southern and western states based?

Northern was the economy based on manufacturing, southern was the economy based on agriculture, and western is emerging economy


What was wealth based on in the Southern states apex?

Land and slaves