Technological and Economic Shifts of the Second Industrial Revolution
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The Second Industrial Revolution (1870–1914)
5. In the late nineteenth century, the world entered the Second Industrial Revolution, in which Britain began to share economic leadership with other countries, such as:
- Germany
- The USA
- Japan
New Energy Sources and Technological Advances
At this stage, electricity and oil supplanted coal as primary energy sources. The invention of the dynamo made it possible to produce electricity, while the alternator and the processor made possible the transfer of electrical current. Electricity had multiple applications, including:
- Industry
- Transport
- Communication systems
- Leisure
- Lighting (enlightenment)
The Rise of Oil and Aviation
Oil began to be drilled in the United States in the mid-nineteenth century. The invention... Continue reading "Technological and Economic Shifts of the Second Industrial Revolution" »