The setting of A Christmas Carol is London, England during the Victorian era, specifically in the 1840s. The story takes place in the bleak, industrialized city, which is a stark contrast to the warmth and joy of the holiday season. The setting emphasizes the themes of poverty and inequality, as the main character, Ebenezer Scrooge, is a wealthy businessman who does not believe in the spirit of Christmas. The story also touches on issues such as classism and greed, which were prevalent during this time period.