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Trade and Traders in Mid-Victorian LiverpoolMercantile Business and the Making of a World Port$
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Graeme Milne

Print publication date: 2000

Print ISBN-13: 9780853236061

Published to Liverpool Scholarship Online: June 2013

DOI: 10.5949/UPO9781846314261

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Function, Specialisation and Integration

Function, Specialisation and Integration

(p.95) Chapter 5 Function, Specialisation and Integration
Trade and Traders in Mid-Victorian Liverpool
Liverpool University Press

This chapter evaluates the level and nature of specialisation in Liverpool trading, specifically reporting the patterns of regional and commodity specialisation among merchants. A brief survey of the activities of shipping agents, who established valuable niches for themselves inbetween the shifting patterns of specialisation of the broader trading community, is presented. It is shown that specialisation by region and commodity was a working assumption for Liverpool traders in mid-century. Most trades in Liverpool revealed an increase in the percentage of goods charged to ‘order’, and therefore handled by some form of intermediary trading.

Keywords:   specialisation, Liverpool, trading, merchants, shipping, region, commodity, trades

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