Chapter

Men, Women, and Money: An Introduction

David R. Green, Alastair Owens, Josephine Maltby and Janette Rutterford

in Men, Women, and Money

Published in print April 2011 | ISBN: 9780199593767
Published online September 2011 | e-ISBN: 9780191728815 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199593767.003.0001
Men, Women, and Money: An Introduction

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Individual decisions regarding saving and investment in the nineteenth and early twentieth centuries need to be understood in the context of changes in broader economic, social, and political processes. As well as explaining how the separate contributions to this book address in different ways the processes by which investment and accumulation took place, this chapter explores the nature and scope of the main processes underlying the changes that occurred. First, it outlines macro-economic conditions highlighting national and international patterns of growth and rises in real incomes. It then examines the institutional arrangements and infrastructural mechanisms that encouraged and enabled individuals to participate in the widening set of financial opportunities. Finally, it explores the demographic and cultural changes that made it more likely that individuals and households would save and invest in the range of financial assets that were becoming available as a result of capitalist economic growth.

Keywords: macro-economic change; economic growth; real incomes; investment; savings; demographic change; cultural factors; middle class; nineteenth century; twentieth century

Chapter.  14195 words.  Illustrated.

Subjects: Business History

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