Monday, June 15, 2009

19th Century Prices

Describe a 19th century good that you would buy at a store. What is the good used for? How much would you pay for a similar item today? What is the rate of deflation to determines the price in 1850? What would the price have been in 1850? Explain how you "got" the price.
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10 comments:

  1. Ms. PetersJune 16, 2009 at 11:37 AM

    i drew a gun and i will buy it for protection. A gun today cost 100 dollaz and some are alot more. if i deflate the price to 1850 it would be 4 dollaz. this is only 4 percent of what we pay today.

    Raekwon a.k.a ray ray

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  2. UnknownJune 16, 2009 at 11:38 AM

    the good i selected is sweet potatoes. Sweet potatoes are an orange brownish color big sized, sweet, and are a different kind of potatoes. It was created so people can have something healthy to eat, and can get full off it. the sweet potatoes cost anywhere around 3.00$ per pound. The rate of deflation is 4% or 0.04. During 1850 sweet optatoes were 0.12$per pound. i found this out because i did this...3.00$* 0.04=0.12$
    -quataijah morgan

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  3. UnknownJune 16, 2009 at 11:38 AM

    he good is a gun with a revolver handle and a 9mm barrell. the gun is used for protection and to kill. the item would cost 300.00 dollars. the rate of deflation is 00.04 cents. the price in 18.50 would be 12.00 dollars. i got my price by multiplying 300.00*00.04 and the anwser was 12.00$

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  4. UnknownJune 16, 2009 at 11:44 AM

    I drew 19th century boots they where gold boots. the reason why you should buy these particular boots is because they keep your feet from getting glass in them or dirt.during the winter they keep your feet warm and coozey. They keep you from getting frost bites on your toes.Today these boots would cost$150 I deflated them by 4% and multiplied $150 times 4% and got 6 dollars back them these boots would have cost 6 dollars.

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  5. Ms. PetersJune 17, 2009 at 10:17 AM

    shontay said i drew a dress that is baby blue.the reason why i drew this is because it is keeps your body warm an its fashionable today it cost $45 back then it cost $1.62 in 1850 this is with a four% deflation rate.

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  6. Ms. PetersJune 17, 2009 at 10:29 AM

    Daleris I drew 19th Century cupcakes they were chocolate and strawberry. The reason why i should buy these delicious cupcakes so you could havesomethinginyour stomach.Today these cupcakes would cost .75.I deflsted them by 4% and multiplied .75 times 4% and got 0.03 back them these would have cost o.03.

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  7. Ms. PetersJune 17, 2009 at 10:46 AM

    The dress that I selected is a very elegant dress for a young lady. It is a long orange dress.The dress was created to make women dress fancy.The cost of the dress today would be like $100. The rate of deflation would be 4%. In 1850 the dress of would cost about $4.00. The way I got the price was that I times $100*0.004= which will equal to $4.00. If any of us lived back then we would of been living good.

    Jazmyn

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  8. Ms. PetersJune 17, 2009 at 11:05 AM

    I drew a dresser that was made in the 19 century. I would buy it to put cloth in and to put my toys or t.v on top. I would pay at least $1,000.00 for it today. The cost would in the 1850 be $40.00. I got the price by mutiply 1,000 dollars by 4% and got 40 dollars.

    Antonio Margarito

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  9. Ms. PetersJune 17, 2009 at 11:14 AM

    Jerod said
    The house look like a o0ld masion because people need to live in a house the price right how would cost 10,000 and i multiply and substtbractthat how i got my awners of $4000 in 1850.

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  10. hadahJune 23, 2009 at 2:04 PM

    hadah
    I drew an 19th century shirt that have bottoms and a collar. the reason why you should buy this shirt because ladys need to look persentable.today these shirts cost $30.00.back then it would cost like $1.00.when i times 30 by .04 i would get 1.2

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