What was britain's economic situation like around 1890-1915?

Question: What was britain's economic situation like around 1890-1915!?
Best Answer - Chosen by Asker:

Foreign trade tripled in volume between 1870 and 1914, although (again) most of the activity occurred among the industrialized countries, or between them and their suppliers of primary goods or their new markets!.

By the time of Queen Victoria's death in 1901, other nations, including the United States and Germany, had developed their own industries; the United Kingdom's comparative economic advantage had lessened, and the ambitions of its rivals had grown!.

In 1913, only 11 percent of the world's trade took place between primary producers themselves!. Britain ranked as the world's largest trading nation in 1860, but by 1913 it had lost ground to both the United States and Germany!.Www@QuestionHome@Com

In 1900 England was the worlds richest country with the longest life expectancy!. Hope that helped some!. Www@QuestionHome@Com