The Second Industrial Revolution has Brought Modern Social and Economic Developments

Dr Haradhan Mohajan ()

MPRA Paper from University Library of Munich, Germany

Abstract: The American Industrial Revolution (IR) is considered as the Second IR (IR2) which creates rural to an urban society. Great inventions during the IR2 are electricity, internal combustion engine, the chemical industries, petroleum and other chemicals, alloys, electrical communication technologies, and running water with indoor plumbing. The development of steel and oil refining has affected US industry. Transportation and communications technology has changed business practices and daily life style of many people. Inventions of medicine and medical instruments have reduced the rates of infections and death from many diseases and public health has improved greatly. Global political, economic, and social systems have widely changed very rapidly. Between 1820 and 1920 about 33 million people, mainly labors, have migrated to the USA for seeking greater economic opportunity and cities become overcrowded. Low wage, dangerous working conditions, long working hours, child labor, discrimination in wages, etc. have created labor dissatisfaction. Moreover jobless and wage cut of labors railroad strike has broke out in many cities of the USA. An attempt has taken in this study to discuss aspects of the IR2.

Keywords: Second Industrial Revolution; innovation and invention; electricity; steel; oil and petroleum; economic development; railroad strike (search for similar items in EconPapers)
JEL-codes: B3 L5 (search for similar items in EconPapers)
Date: 2019-10-21, Revised 2019-12-26
New Economics Papers: this item is included in nep-ene, nep-his and nep-ict
References: View references in EconPapers View complete reference list from CitEc
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Published in Journal of Social Sciences and Humanities 1.6(2020): pp. 1-14

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