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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.
Although the transcontinental railroads dominated the media, with the completion of the First transcontinental railroad in 1869 dramatically symbolizing the nation's unification after the divisiveness of the Civil War, most construction actually took place in the industrial Northeast and agricultural Midwest, and was designed to minimize ...
Where the First Industrial Revolution shifted production from artisans to factories, the Second Industrial Revolution pioneered an expansion in organization, coordination, and the scale of industry, spurred on by technology and transportation advancements. Railroads opened the West, creating farms, towns, and markets where none had existed.
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]
Railroads played a large role in the development of the United States from the Industrial Revolution in the North-east 1810–1850 to the settlement of the West 1850–1890. The American railroad mania began with the Baltimore and Ohio Railroad in 1828 and flourished until the Panic of 1873 bankrupted many companies and temporarily ended growth.
Even if Belgium is the second industrial country after Britain, the effect of the industrial revolution there was very different. In 'Breaking stereotypes', Muriel Neven and Isabelle Devious say: The Industrial Revolution changed a mainly rural society into an urban one, but with a strong contrast between northern and southern Belgium.
The Canadian arbitrator appointed to resolve a messy railroad labor dispute to protect the North American economy has ordered employees at the country’s two major railroads back to work so both ...
The distribution created by the railroad was one of the many contributing factors into Chandler's Second Industrial Revolution. Chandler's most highly regarded work was The Visible Hand: The Managerial Revolution in American Business (1977). When he wrote it, the American business world was under the assumption that the economy followed a ...