Economy, industry, and trade of the Victorian era refers to the economic history of the United Kingdom during the reign of Queen Victoria.
"The most obvious and the most distinctive feature of the History of Civilisation, during the last fifty years [1837–87], is the wonderful increase of industrial production by the application of machinery, the improvement of old technical processes and the invention of new ones, accompanied by an even more remarkable development of old and new means of locomotion and intercommunication."
Engineering prowess, especially in communication and transportation, made Great Britain the leading industrial powerhouse and trading nation of the world at that time.
Much of the prosperity was due to the increasing industrialisation, especially in textiles and machinery, as well as to the worldwide network of exports that produced profits for British merchants.
[6] Companies provided their employees with welfare services ranging from housing, schools and churches, to libraries, baths, and gymnasia.
Literature was doing well, but the fine arts languished as the Great Exhibition of 1851 showcased Britain's industrial prowess rather than its sculpture, painting or music.
[12] People moved in so rapidly that there was not enough capital to build adequate housing for everyone, so low-income newcomers squeezed into increasingly overcrowded slums.
Clean water, sanitation, and public health facilities were inadequate; the death rate was high, especially infant mortality, and tuberculosis among young adults.
[16] People flooded into industrial areas and commercial cities faster than housing could be built, resulting in overcrowding and lagging sanitation facilities such as fresh water and sewage.
Kellow Chesney described the situation as follows: "Hideous slums, some of them acres wide, some no more than crannies of obscure misery, make up a substantial part of the metropolis...
The early Victorian era before the reforms of the 1840s became notorious for the employment of young children in factories and mines and as chimney sweeps.
[18][19] Child labour played an important role in the Industrial Revolution from its outset: novelist Charles Dickens, for example, worked at the age of 12 in a blacking factory, with his family in a debtors' prison.
[21] From the Factory Act 1833 onwards, attempts were made to get child labourers into part-time education though these were often difficult to enforce in practise.
Children also worked as errand boys, crossing sweepers, shoe blacks, or sold matches, flowers, and other cheap goods.
I am wrought with sister and brother, it is very sore work; cannot say how many rakes or journeys I make from pit's bottom to wall face and back, thinks about 30 or 25 on the average; the distance varies from 100 to 250 fathom.
The leaders sought working-class solidarity as a long-term aim, thus anticipating the affiliative strategies promoted by the Labour Parliament of 1854.
Its success can be explained by the dwindling supply of rural labour, which in turn increased the bargaining power of unskilled workers.