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First And Second Industrial Revolution Essay

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INTRODUCTION
The term industrial revolution refers means the strong transformation of a society- economically, socially, culturally and geographically. The Industrial revolution was a period from the 18th to the 19th century where major changes in manufacturing, agriculture, mining, transportation and technology had a profound effect on the social, cultural and economic conditions of the times.
FIRST IR
The main differences between the First and Second Industrial Revolution were the invisible hand in comparison to the visible hand in the Second Revolution. The use of non human labor such as coal and steam powered energy, compared to mass production with unskilled labor workers in the Second Industrial Revolution. Owners managing and …show more content…

Britain was now ready for another change, as life with machinery had already been assimilated into society. This saw the beginning on the Second industrial revolution around 1880 and went through to the 1920’s. Whilst Britain still remained in the dominant countries, however, the Second Industrial Revolution saw Germany and the introduction of Big Business in the USA.
The main changes compared to the first Industrial Revolution were increased and improved transport and communication such as railways, telephone, cars and enlarged national markets. The rise of American and Germany as dominant countries and science based innovations. The markets became larger and there was an increased need for goods and infrastructure. Management Styles changed and Chandlers three Ms were implemented, Management. Marketing and manufacturing.
Compared to the First Industrial Revolution, the Second Revolution saw many new inventions, and important advances made in the system of mass production. Mass production changed the organization of companies, workers worked and managers managed. Alfred Chandler argued that modern large-scale firms arose to take advantage of the national markets and productive techniques available after the rail network was in place. He found that they prospered because they had higher productivity, lower costs, and higher profits. The firms created the "managerial class" in America because they

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