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Growth and Change in IndustryĪ synergy between iron and steel, and railroads and coal developed at the beginning of the Second Industrial Revolution. In the same period, new systems were introduced, most significantly electrical power and telephones. The enormous expansion of rail and telegraph lines after 1870 allowed unprecedented movement of people and ideas, which culminated in a new wave of globalization. Though a number of its characteristic events can be traced to earlier innovations in manufacturing, such as the invention of the Bessemer process in 1856, the Second Industrial Revolution is generally dated between 18 up to the start of World War I.Īdvancements in manufacturing and production technology enabled the widespread adoption of preexisting technological systems such as telegraph and railroad networks, gas and water supply, and sewage systems, which had earlier been concentrated to a few select cities. The First Industrial Revolution, which ended in the early-mid 1800s, was punctuated by a slowdown in macroinventions before the Second Industrial Revolution in 1870. The Second Industrial Revolution, also known as the “Technological Revolution,” was a phase of rapid industrialization in the final third of the nineteenth century and the beginning of the twentieth century. Bessemer process: The first inexpensive industrial process for the mass production of steel from molten pig iron.It is considered to have begun with Bessemer steel in the 1860s and culminated in mass production and the production line. Second Industrial Revolution: The Second Industrial Revolution, also known as the “Technological Revolution,” was a phase of the larger Industrial Revolution corresponding to the latter half of the nineteenth century until World War I.Improvements in workflow, such as mass production and scientific management, contributed greatly to economic growth.The Bessemer process for manufacturing steel led to America’s first billion-dollar corporation, United States Steel.Large corporations or trusts managed the manufacturing of raw materials such as coal, iron, and oil.The incredible economic and industrial growth of America after the Civil War became known as the “Second Industrial Revolution.”.