Depression and Decline? The British Economy 1870–1900

  • Neil Tonge
  • Michael Quincey
Part of the Documents and Debates book series (DD)


Commenting on the years 1873–86 the Royal Commission on the Depression in Trade and Industry attempted to identify the malaise which they believed existed in the British economy. ‘While the share of the aggregate wealth produced in the country which now falls to labour is larger than it was twenty years ago, a corresponding diminution has taken place in the share which now falls to capital: in other words while wages have risen profits have fallen.’


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Further reading

  1. S. B. Saul, The Myth of the Great Depression (1969);Google Scholar
  2. D. H. Aldcroft & H. W. Richardson, The British Economy 1870–1939 (1969);Google Scholar
  3. P. L. Payne, British Entrepreneur ship in the Nineteenth Century (1974);Google Scholar
  4. A. L. Levine, Industrial Retardation in Britain 1880–1914 (1967);Google Scholar
  5. D. Aldcroft, The Development of British Industry and Foreign Competition 1873–1914 (1968).Google Scholar

Copyright information

© Neil Tonge and Michael Quincey 1980

Authors and Affiliations

  • Neil Tonge
  • Michael Quincey

There are no affiliations available

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