The Cultural and Economic Impact of the Titanic’s Sinking (2024)

│By Yasmin Metto, Gale Ambassador at Queen Mary, University of London│

The Titanic is one of the most famous and prolific ships in the world, inspiring adventures to the depths of where it sunk as well as creating a legacy that has lasted generations. Unfortunately, this can shroud the aftermath of the sinking of the Titanic, which was almost as devastating as the event itself. The sinking of the Titanic marked a multitude of impacts, especially culturally and economically. By using Gale Primary Sources to explore the cultural and economic effects of the Titanic sinking, it becomes evident that all of society was affected by the event.

End of the Edwardian Period

One important cultural impact of the sinking of the Titanic was that it signified the end of the Edwardian period. As we know, the Titanic was sinkable, juxtaposing the commonly held belief that the Titanic was infallible to Mother Nature – rumours that circulated in the public, as many articles from The Times Digital Archive show.

But where did this idea originate from? This narrative stemmed from not only the state-of-the-art technology with new advancements that highlighted the Titanic’s superiority, but also the overconfidence that Edwardian society had. A key feature of the Edwardian era was the British Empire. Contextually, the British Empire colonised many regions of the world, demonstrating itself to be one of the most powerful empires of its time. As a result of this, a boastful attitude was developed.

This was then applied to the Titanic; since the British Empire and, by extension, Edwardian society considered itself to be superior, it was believed that the Titanic was one of the greatest forms of transportation on Earth. When the Titanic sunk, the core foundations of the belief in the British Empire wavered and revealed the weaknesses in it. Therefore, the end of the Edwardian era was underlined by the Titanic.

Improved Lifeboat Supply

Another cultural impact of the sinking of the Titanic was the increased safety on boats. Whilst there were some efficient precautions on the Titanic, like watertight compartments, there was still a lack of safety features on the ship itself. For example, there were insufficient lifeboats for the passengers onboard, many officers did not possess search lights or binoculars, and the scheduled drill was cancelled – all measures that might have changed the Titanic’s fate.

Here, the ‘Shipowners’ Parliamentary Committee’ illustrates the subsequent increase in safety measures:

They demand that lifeboats should be on all ships and that they reflect the number of passengers onboard, enabling for the survival of said passengers and crew.

Ice Patrols

Another change that occurred was the International Ice Patrol, which was founded to detect icebergs in the Atlantic and Arctic Sea in 1914. This was to avoid an incident like the Titanic again.

This article from the Mirror Historical Archive outlines that part of the duties of the International Ice Patrol was to report and track the movements of icebergs, ensuring the safety of ships and the individuals onboard. It seemed to have been beneficial because the International Ice Patrol’s presence continues today. There is an article in March of 1936, labelling the International Ice Patrol as the ‘The Iceberg Navy’.

Further Safety Measures

Lifeboat safety drills were also considered to be mandatory on all ships – the drill that was cancelled on the Titanic on the day that the ship hit the iceberg was a lifeboat safety drill. Furthermore, there were remodifications of ships. One remodification was the double hull, which the British shipping line company White Star Line gave their boats.

The regulation of radio waves was another change that occurred. Radio communication brought issues, especially during the days after the Titanic sunk. Through the radio, there was miscommunication on the survival of the passengers to the media outlets of the UK. Newspapers announced that whilst it was not verified, the passengers were saved, and the Titanic was on its way to Halifax. Due to this, ships have attempted to limit the amount of miscommunication shared, instead verifying before acting. This then contributes to the safety of the ship itself.

Economic Impacts

One economic impact of the Titanic sinking was of the White Star Line company. Not only did White Star Line own the Titanic, but they were also liable for the cost of the ship. This was $7.5 million, which is equivalent to $180 million today. By losing the Titanic, it was the beginning of the end for White Star Line’s bankruptcy. Eventually, they merged with another shipping company in 1933, but they arguably lost their influence and power as an independent shipping company.

Additionally, many survivors of the Titanic were reimbursed by the company. To emphasise the economic blow, White Star Line settled and paid the survivors. The sinking of one ship manifested major economic issues for one company, causing them to lose colossal amounts of money.

In conclusion, the Titanic was a horrific tragedy for the deceased passengers and crew. They endured terrible suffering, traumatising the survivors. However, their memory lives on through the aftermath of the Titanic. This affected many individuals economically, socially, and culturally.

If you enjoyed reading about the cultural and economic impacts of the Titanic sinking, check out these posts:

  • The Anniversary of the Sinking of the Titanic – Who Was Bruce Ismay?
  • From Yellow Journalism to Internet Echo Chambers – Exploring the History of “Fake News”
  • The Only Way is Wessex: Thomas Hardy’s Cultural Impressions

Blog post cover image citation: Image obtained from Unsplash, link to image: French brothers, Titanic survivors photo – Free Titanic Image on Unsplash

The Cultural and Economic Impact of the Titanic’s Sinking (2024)

FAQs

What was the economic impact of the Titanic sinking? ›

Economic Impacts

One economic impact of the Titanic sinking was of the White Star Line company. Not only did White Star Line own the Titanic, but they were also liable for the cost of the ship. This was $7.5 million, which is equivalent to $180 million today.

How did the Titanic affect culture? ›

The Titanic became the front cover of newspapers and magazines for quite some time and became part of the foundation for literature and pop culture. The tragedy attracted so much attention that the general public wanted to learn more about the story behind the Titanic.

What effects did the Titanic have on society? ›

In the immediate aftermath of its sinking on April 14-15, 1912, the Titanic sparked a lawmaking frenzy resonating throughout the international community. From this fervor emerged the adoption of the first International Convention for the Safety of Life at Sea (SOLAS) in 1914.

What effect did the sinking of the Titanic have on America? ›

After the sinking of the Titanic, several acts and laws were passed seeking to avoid another maritime catastrophe. With the passing of new policy, ships now had better safety procedures and construction, constant contact with others on the sea and coastal radio stations, and rightful compensation for maritime injuries.

How did the movie Titanic impact society? ›

Books, documentaries, and exhibitions exploring the Titanic's history gained newfound attention, and the film prompted discussions about maritime safety, class disparities, and the human capacity for heroism in the face of disaster.

What was the long term impact of the Titanic sinking? ›

Along with the changes in ship design that resulted from the Titanic disaster, safety regulations were established to govern passenger ships while at sea. Many of these regulations were established at the 1948 Convention on Safety of Life at Sea.

What changed after the sinking of the Titanic? ›

In the months and years following the sinking, ice patrols on the North Atlantic Ocean became more frequent and rigorous; stricter rules regarding on-board radios were introduced, requiring crews to man them at all times; lifeboat safety drills were made mandatory; and in 1914, the International Convention for the ...

How did the people react to the Titanic sinking? ›

The disaster shocked the world and caused widespread outrage over the lack of lifeboats, lax regulations, and the unequal treatment of third-class passengers during the evacuation.

Who was affected by the Titanic sinking? ›

Although the majority of dead were crew members and third-class passengers, many of the era's wealthiest and most prominent families lost members, among them Isidor and Ida Straus and John Jacob Astor.

What famous person died on the Titanic? ›

DIED: John Jacob Astor, millionaire

Astor was a member of the prominent Astor family and helped build the Waldorf Astoria hotel in New York City. He was also an inventor, a science-fiction novelist, and a veteran of the Spanish-American War. He was traveling with his wife, Madeleine, in Europe when she became pregnant.

What did society learn from the Titanic? ›

The Titanic's sinking highlighted the importance of strict safety regulations for ships and the need for proper safety equipment and procedures. The disaster revealed that the Titanic did not have enough lifeboats on board and the crew failed to properly interpret ice warnings.

Did the Titanic actually hit an iceberg? ›

Titanic struck a North Atlantic iceberg at 11:40 PM in the evening of 14 April 1912 at a speed of 20.5 knots (23.6 MPH). The berg scraped along the starboard or right side of the hull below the waterline, slicing open the hull between five of the adjacent watertight compartments.

Who went to jail for the Titanic? ›

More notably, Robert Hichens, the quartermaster who was actually at the helm of the Titanic when he tried – unsuccessfully – not to hit the fatal iceberg, served four years for attempted murder later in 1933.

What was found eating the Titanic? ›

One of these is a species of bacteria -- named Halomonas titanicae after the great ship -- that lives inside icicle-like growths of rust, called "rusticles." These bacteria eat iron in the ship's hull and they will eventually consume the entire ship, recycling the nutrients into the ocean ecosystem.

How much money did people on Titanic get? ›

Titanic in numbers

The wages of those on board varied greatly depending on position - Captain Smith earned £105 per month (about £11,000 today) whereas a stewardess earned £3 10 shillings per month (around £375 today). There were 2200 people on board Titanic on its maiden voyage.

How much money did they get from the Titanic sinking? ›

Introduction. After the Titanic sank to the bottom of the Atlantic Ocean on April 15, 1912, hundreds of the survivors, families of victims, and owners of cargo filed claims against the White Star Line for loss of life, property, and for injuries sustained. Their claims totaled $16.4 million.

What impact did the sinking of the Titanic have on sea travel? ›

The Titanic's disaster also prompted ships to be redesigned for better safety. For example, the ship's bulkheads were built higher so water could not get in, and bottoms were stretched to create double hulls. These changes contributed to more suitable, safer, and reliable sea travel.

Were the rich people saved in Titanic? ›

In the early hours of 15 April 1912, more than 1,500 people lost their lives on the 'unsinkable' Titanic. Although 60% of first-class passengers survived, some of the world's richest people were lost to the waves, although not from the history books.

What damage did the Titanic cause? ›

Without enough distance to alter her course, the Titanic sideswiped the iceberg, damaging nearly 100 meters of the right side of the hull above and below the waterline [1]. The massive side impact caused enough damage to allow water to flood into six of the sixteen major watertight compartments.

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