Members of Carolina's representative assembly were required to own land worth at least 500 pounds.
In Carolina, members of the representative assembly were required to own land worth at least 500 pounds because the property rights in land became a liquid source of wealth, which was to be bought and sold and used to obtain credit.
The land was the most basic resource and its widespread ownership became the catalyst for colonial economic and political development. Most head rights were for 1 to 1,000 acres of land, and these lands were granted to those who were willing to cross the Atlantic and help populate the colonies there.
Hence, the members of the assembly in Carolina were required to own land worth at least 500 pounds.
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