Titanic was equipped with only 20 lifeboats. She had 14 regular lifeboats with a capacity of 65 people each, 2 emergency lifeboats (Boats 1 and 2, which were stowed in the swung-out position) with a capacity of 40 each, and 4 Englehardt collapsible lifeboats with a capacity of 47 each. The collapsibles had wooden hulls, but with canvas sides that could be cranked up when needed. Collapsibles C and D were stowed inboard of Boats 1 and 2 at the very forward part of the Boat Deck and Collapsibles A and B were stowed upside down on the roof of the Officers' Quarters on either side of #1 funnel.
There were 2228 passengers on the Titanic. Probably life boats were not made because people believed the ship was unsinkable and also because they wanted to make as much money as possible, so whoever could pay was cramped into the steerage.
Answer
There were 2,227 people on board, but the total capacity of the 16 lifeboats and 4 collapsible boats was 1,178 people, which was only sufficient for 52% of the passengers.
There was a lack of lifeboats because of:
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