The Industrial Revolution from 1820 to 1870

Masters
Essay
Miscellaneous
Pages 9 (2259 words)
Download 0
The Industrial Revolution from 1820 to 1870 was one of the most important economic developments in the United States. But there were two industrial revolutions. The first began in the late 18th century in the Britain. The second occurred during the mid 19th century in the US and Germany…

Introduction

Whereas the first revolution played a role in the invention, development and implementation of spinning and weaving machines for the textile industry, which use water power until the introduction of steam power, it was the second revolution that really changed American economy and society into a modern industrialized state. The process had begun in the 19th century.
Growth in the 19th century was fuelled by many factors: plentiful resources, innovative technology, cheap and efficient energy, swift transportation and labor and capital which were readily available (Wikipedia 2007). In the west, forests, mines and cattle supplied the raw materials for key industries. The rapid expansion of railroads allowed businesses to transport raw materials to and from factories and move products to the cities where the bigger markets lay. Around this time too, a continual flow of European and Asian immigrants arrived in America to seek work. Many found work in the factories and mines.
Advancements in technology shaped and improved production with the invention of the assembly line in a number of industries. This along with new machine tool industries which produced cutting, drilling and milling machineries, hastened manufacturing and production. A series of breakthrough inventions and discoveries such as the phonograph, electric light, telephone, typewriter, automobile and others opened up new industries. ...
Download paper
Not exactly what you need?

Related papers

Strategic Management: Industrial revolution
Partnership, another form of business organization, emerged as an improvement over sole-proprietorship. But, still it could not cope up with the growth in economic activities. Moreover, partnership, too, has its limitations. The financial resources are limited to the extent of capital provided by its partners and their borrowing capacity. The managerial skills of partners are also limited. Again…
Industrial Revolution in America
During this era, the American society experienced various changes socially, economically and politically. The bulk of the book deals with how American people felt during the revolution and to what extent their lives changed.…
Industrial Revolution
Industrial Revolution …
Second Industrial Revolution
The first industrial revolution was brought about when the entire mode of work was revolutionized, with workers shifting massively from the agricultural fields to hard-core machine-equipped industrial units. People gave up agricultural labour and joined factories, because of which manufacturing became the major industry, especially in the United States. This led to the dwindling of the agriculture…
The British Industrial Revolution
It is a period of modernisation is various aspects of life including social changes and other economic changes that signify a great stride in the life of the society.…
The Industrial Revolution from 1820 to 1870
Whereas the first revolution played a role in the invention, development and implementation of spinning and weaving machines for the textile industry, which use water power until the introduction of steam power, it was the second revolution that really changed American economy and society into a modern industrialized state. The process had begun in the 19th century.…