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The Second Industrial Revolution 1850-1914 HWH UNIT 6 CHAPTER 9.1
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Comparing the 1 st and 2 nd Industrial Revolution Britain Textiles, steam and iron Railroads 1750-1850 2 nd Industrial Revolution Germany Steel, chemicals, electricity, oil, consumer goods Automobiles 1850-1900
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Steel Production The Bessemer Process (1850s)
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Electricity Adapted for public use in 1881 (Britain)
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Michael Faraday (1791-1867) Explored electromagnetism Led to the development of the generator, the telegraph, the electric motor, streetcars, and the electric light
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Automobiles Internal Combustion Engine (1886) First Cars (late 1880s) Karl Benz Gottleib Daimler Mass production Henry Ford Economic implications Oil, rubber, steel Road construction
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Communication Telegraph (!840s) Samuel Morse Radio (1890s) Guglielmo Marconi Telephone (1876) Alexander Graham Bell
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New Business Practices Corporations Multiple investors buy stock More capital available for the corporation Monopolies Krupp (Germany) Rockefeller (USA) Cartels Organizations in the same industry fixing prices
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