Victorian Era Economics
Economic depression led to mass immigration and Socialism.
In Victorian era, specific goods and services cost far less or far more than they do now.
United States became a rival power, Economic depression led to mass immigration and Socialism.
This period saw tremendous development in machinery which resulted in lack of work for the laborer and the working class.
The economy in Victorian England was a confusing mess of laws and rich royals who cared little for the poor.
Wages have comparative meaning when contemporary prices of commodities are known.
The Time of 1830s and 1840s in Victorian era was marked by unemployment, poverty, rioting, slums in large cities and the working conditions for women and children were terrible.