Name _________________________________                           Date _______________________

 

Working with Percents

Word Doc

 

  1. During the fiscal year ending June 1, 1860, the country possessed some 128,300 industrial establishments. Of these, 110,274 were located in states that remained in the Union.  What percent of industrialized establishments were in the North?  What percent were in the South?

 

 

 

  1. In 1860, America had a total of $1,050,000,000 invested in real and personal property devoted to business, with $949,335,000 concentrated in the North.  What percent of business property was located in the North?  What percent was in the South?

 

 

 

  1. The North contributed 92.5% of the $1.9 billion that comprised the total value of annual gross domestic product in the country in 1860.  What was the dollar value of the North’s contribution to the annual GDP?  What was the dollar value of the South’s contribution?

 

           

 

While the loss of the Southern crop produced a steep war-long decline in production in the North's largest industry, cotton textiles, its woolen industry enjoyed a 100% production rise during the conflict. The second largest consumer industry in the Union, shoes and leather, also enjoyed tremendous growth, thanks to army contracts that more than offset the loss of the Southern market. Other war related industries, especially firearms, gunpowder, and wagon manufacturing, grew rapidly on the strength of military contracts.

 

            The war years stimulated production of new inventions and accelerated the growth of established technology. Due to a deluge of government contracts, sewing machines became an integral part of the clothing industry, and the 50-year-old system of machine-made interchangeable parts became firmly entrenched in the production system. Agriculture-related industrial goods also witnessed production spurts attributable to the war: Gail Borden’s condensed-milk process, patented in 1856, became essential to the diets of many Union soldiers, while implements including the thresher and the rotary plow experienced sales booms as machinery took over work abandoned by farm hands gone to war. In other ways, such as by easing unemployment and by promoting the enactment of protective tariffs, the war encouraged wide-scale industrial expansion. No wonder that by 1864 the Unions manufacturing index had risen to a level 13% greater than that of the country as a whole in 1860.

 

 

  1. Complete the table below with the following information: The war saw only a 10% rise in the production of pig iron, though that industry had experienced a 17% increase 1855-60 and in the 5 years following Appomattox grew by 100%.

 

Time Period

% Increase in Pig Iron Production

1855 – 1860

 

1861 – 1865

 

1866 – 1871

 

 

 
 
 
 
 
 
Working with Percents

Answers

  1. During the fiscal year ending June 1, 1860, the country possessed some 128,300 industrial establishments. Of these, 110,274 were located in states that remained in the Union.  What percent of industrialized establishments were in the North?  What percent were in the South?

Establishments

Total US Establishments

 Percent

110,274 in the North

128,300

85.95% of them were in the North

18,026 in the South

128,300

14.05% of them were in the South

128,300 total

 

100.00%

 

 

  1. In 1860, America had a total of $1,050,000,000 invested in real and personal property devoted to business, with $949,335,000 concentrated in the North.  What percent of business property was located in the North?  What percent was in the South?

Value of Property

Total Business Property

Percent of business property

$ 949,335,000

$ 1,050,000,000

90.41% of business property in the North

$ 100,665,000

$ 1,050,000,000

9.59% of business property in the South

$1,050,000,000

 

100.00%

 

  1. The North contributed 92.5% of the $1.9 billion that comprised the total value of annual gross domestic product in the country in 1860.  What was the dollar value of the North’s contribution to the annual GDP?  What was the dollar value of the South’s contribution?

 

           

Percent of GDP

Total GDP

Dollar contribution to GDP

92.50% from the North

1.9 billion

$   1.76 billion was the North’s contribution

   7.50% from the South

1.9 billion

$   0.14 billion was the South’s contribution

100%

 

$   1.90 billion total

 

 

 

  1. Complete the table below with the following information: The war saw only a 10% rise in the production of pig iron, though that industry had experienced a 17% increase 1855-60 and in the 5 years following Appomattox grew by 100%.

 

Time Period

% Increase in Pig Iron Production

1855 – 1860

17%

1861 – 1865

10%

1866 – 1871

100%