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Industrial Revolution - The Second Industrial Revolution

Industrial Revolution - The Second Industrial Revolution: Encyclopedia II - Industrial Revolution - The Second Industrial Revolution

The insatiable demand of the railroads for more durable rail led to the development of the means to cheaply mass-produce steel. Steel is often cited as the first of several new areas for industrial mass-production, which are said to characterize a "Second Industrial Revolution", beginning around 1850. This "second" Industrial Revolution gradually grew to include the chemical industries, petroleum refining and distribution, electrical industries, and, in the twentieth cen ...

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Industrial Revolution: Encyclopedia II - Industrial Revolution - The Second Industrial Revolution



Industrial Revolution - The Second Industrial Revolution

Main article: Second Industrial Revolution

The insatiable demand of the railroads for more durable rail led to the development of the means to cheaply mass-produce steel. Steel is often cited as the first of several new areas for industrial mass-production, which are said to characterize a "Second Industrial Revolution", beginning around 1850. This "second" Industrial Revolution gradually grew to include the chemical industries, petroleum refining and distribution, electrical industries, and, in the twentieth century, the automotive industries, and was marked by a transition of technological leadership from Great Britain to the United States and Germany.

The introduction of hydroelectric power generation in the Alps enabled the rapid industrialization of coal-starved northern Italy, beginning in the 1890s. The increasing availability of economic petroleum products also reduced the relation of coal to the potential for industrialization.

By the 1890s, industrialisation in these areas had created the first giant industrial corporations with often nearly global international operations and interests, as companies like U.S. Steel, General Electric, and Bayer AG joined the railroads on the world's stock markets and among huge, bureaucratic organisations.

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Adapted from the Wikipedia article "The Second Industrial Revolution", under the G.N U Free Docmentation License. Please also see http://en.wikipedia.org/wiki

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