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Net Wealth of Residents of the Thirteen Colonies :
Total Net Wealth for Least Wealthy Member of Each Income Group Income Group (in Pounds Sterling): Richest One Percent £2,271.6 Next Richest One Percent 1,763.3 Richest Ten Percent 591.2 Ninth Decile 335.5 Eighth" Decile 209.6 Seventh Decile 146.7 Sixth Decile 84.6 Fifth Decile 45.9 Fourth Decile 25.8 Third Decile 11.3 Second Decile 4.3 Poorest Ten Percent -199.8
The second table gives some prices for various goods found in the estaro of deceased American colonists in the year 1774. It how the range of goods—and human property — that colonists owned and what each income group might have been able to afford:
Items in the Estates of Colonial Americans
Item Appraised Value in Pounds Sterling Cow £3.53 Barrel ot pork 0.15 Small washing tub 0.15 Loom - 0.96 2 Tea pots, bowl, cream jug 0.03 Bed, etc. 1.77 10 bushels of oats 0.56 Year-old colt 2.25 3 Pounds coffee 0.11 Gun 0.45 Brass kettle 0.45 6 Silver teaspoons 0.30 Watch 2.48 Fine shirt 0.23 Woolen...
This section contains 204 words (approx. 1 page at 300 words per page) |