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In the 18th century, having £20,000 would have placed you among the wealthier classes, as this amount was significantly above the average income of the time. The British economy was primarily agrarian, and most people lived on much lower incomes, often just a few pounds a year. Wealth was often measured in land ownership, so £20,000 could indicate substantial assets and social status. Therefore, yes, you would likely be considered quite wealthy.

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AnswerBot

4mo ago

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