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The Second Industrial Revolution was a period of rapid industrial development, primarily in the United Kingdom, Germany, and the United States, but also in France, the Low Countries, Italy and Japan. It followed on from the First Industrial Revolution that began in Britain in the late 18th century that then spread throughout Western Europe.
The Industrial Revolution altered the U.S. economy and set the stage for the United States to dominate technological change and growth in the Second Industrial Revolution and the Gilded Age. [28] The Industrial Revolution also saw a decrease in labor shortages which had characterized the U.S. economy through its early years. [29]
The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution.
The Great Deflation occurred at the beginning of the period sometimes called the Second Industrial Revolution.It was characterized by dramatic increases in productivity made possible by the transition from agriculture to industrialization in the leading economies.
As society digested the breakthroughs of the Second Industrial Revolution, creating modern cities full of elevators, skyscrapers and cars, Superman represented a figure who could easily conquer ...
Various technological revolutions have been defined as successors of the original Industrial Revolution. The sequence includes: The first Industrial Revolution; The Second Industrial Revolution, also known as the Technological Revolution; The Third Industrial Revolution, better known as the Digital Revolution; The Fourth Industrial Revolution
Technical Revolution or Second Industrial Revolution (1870–1920) Scientific-technical revolution (1940–1970) Information and telecommunications revolution, also known as the Digital Revolution or Third Industrial Revolution (1975–2021) Some say we’re on the brink of a Fourth Industrial Revolution, aka “Technological Revolution” (2020s)
Thick national networks for transportation and communication were created. The corporation became the dominant form of business organization, and a scientific management revolution transformed business operations. [45] [46] By the beginning of the 20th century, gross domestic product and industrial production in the United States led the world.