20th and 21st Centuries
A prolonged agricultural depression in Britain at the end of the 19th century, together with the introduction in the 20th century of increasingly heavy levels of taxation on inherited wealth, put an end to agricultural land as the primary source of wealth for the upper classes. Many estates were sold or broken up, and this trend was accelerated by the introduction of protection for agricultural tenancies, encouraging outright sales, from the mid-20th century.
Read more about this topic: History Of England
Famous quotes containing the word centuries:
“As the will to truth thus gains self-consciousness—there can be no doubt of that—morality will gradually perish now: this is the great spectacle in a hundred acts reserved for the next two centuries in Europe—the most terrible, most questionable, and perhaps also the most hopeful of all spectacles.”
—Friedrich Nietzsche (1844–1900)