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  • Economic History Review

Businessmen and Land Ownership in the Late Nineteenth Century

By: Tom Nicholas
  • Format:Print
  • | Pages:18
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Abstract

This article analyses the proportions of personal to real estate wealth for a group of 295 businessmen profiled in the Dictionary of business biography. It shows that businessmen who owned land on a large scale in the late nineteenth century were a comparatively small group who retained a small proportion of their total wealth in landed assets. Low levels of social mobility are identified as a function of land purchase, and new insights are given into the relationship between wealth, status, and land ownership. Any integration of business and landed wealth in this period was not a consequence of businessmen becoming landowners.

Keywords

Ownership; Personal Finance; Property; Biography; History; Acquisition; Wealth; Power and Influence; Status and Position; Integration; Transformation; Market Transactions

Citation

Nicholas, Tom. "Businessmen and Land Ownership in the Late Nineteenth Century." Economic History Review 52, no. 1 (February 1999): 27–44.
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About The Author

Tom Nicholas

Entrepreneurial Management
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  • Human Capital and the Managerial Revolution in the United States By: Tom Nicholas
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  • A Soul and a Service: North Carolina Mutual Life Insurance By: Tom Nicholas and John Masko
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