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How are resources divided?
these r divided in to following groups: individual groups: these are owned by the individuals examples are houses ,land owned by a person village or a city
What percent owned fewer than 20 slaves?
As for the number of slaves owned by each master, 88% held fewer than 20
What was the average number of slaves owned by a single person or owner in 1860?
An "average number" of slaves would not be a good way to describe who owned slaves in the south because the majority did not own them. According to most reliable references, no more than 22% or fewer of the southern population owned slaves. The cost of one slave was around $50,000 to $80,000 in twenty first century dollars. The most wealthy 1 percent or so of southerners (like Thomas Jefferson or George Washington) owned around 100 to 200 slaves at any one time. Only about 2000 plantation owners owned the bulk of the slaves. About 17 percent or so of the population owned from 3 to 10 slaves, while around 4% owned one or two slaves. A person had to be very wealthy to own one slave. Owning one slave would be like owning a high end Mercedes or small vacation home today as far as costs are concerned. At least 77 percent of southerners never owned slaves and were either too poor to even think about it, or considered slavery very bad.
Why is coordination needed?
so you dont get owned!
Did anyone ever owned a quintillion dollars?
No.
