Uncertainty and Risk

Roderick Floud

in The People and the British Economy, 1830–1914

Published in print April 1997 | ISBN: 9780192892102
Published online October 2011 | e-ISBN: 9780191670602 | DOI:
Uncertainty and Risk

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This chapter discusses how the economic growth between 1830 and 1914 was a time of change, risk, and uncertainty for the men and women who lived and worked in that period. The Victorians retained an ambivalent attitude to change; they celebrated it because it brought increasing control over the forces of nature, but they deplored the way in which it upset established patterns of social relationships. Change bred insecurity and exacerbated the uncertainties of what was in any case, for the majority, an insecure and risky life. Many of the risks of Victorian and Edwardian society were most keenly felt within the home and family. However, it was in the workplace that many of them had their origins.

Keywords: uncertainty; economic growth; change; risk; home; family; workplaces

Chapter.  7064 words. 

Subjects: Modern History (1700 to 1945)

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