The Market Revolution, Industrialization, and New Technologies

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How does the Second Industrial Revolution differ from the first?

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The First Industrial Revolution refers to innovations in manufacturing in Europe and the United States during the period from 1760 to approximately 1840, although innovations continued at a rapid pace after the initial "revolutionary" period. The industrial revolution was a period of massive upheavals not just in manufacturing technology but in the nature of work. It was marked by a shift from rural agricultural economies to urban manufacturing ones, resulting in a massive wave of urbanization. The steam engine revolutionized not only manufacturing but transportation. Wealth shifted from land to capital, and the class structure of society from one with a land-owning aristocracy to one with a capital-owning bourgeoisie. The middle class swelled in numbers, and public education grew to educate a new workforce.

The Second Industrial Revolution refers to the changes in the world as the result of twentieth century technology—especially computers. While the first industrial revolution concentrated people in cities due to the local nature of manufacturing, internet technology allows remote working and so workers in a given industry can be scattered anywhere across the globe.

While the first industrial revolution did source raw materials from less developed countries, globalization is a characteristic of the second industrial revolution. While the first industrial revolution involved changes in the production and consumption of physical goods, information and communication, both of which are intangible, are new features central to the second industrial revolution.

Finally, education and knowledge are in some ways increasingly important forms of human capital in the twenty-first century.

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There was a difference between the first industrial revolution and the second industrial revolution. The first industrial revolution saw a move from small workplaces where products were made by hand to factories where products were made by machines. The machines were powered, at first, by water power and then, later, by coal. The first industrial revolution impacted the clothes industry significantly. With inventions like the spinning jenny and power loom, clothes could be produced much quicker and easier.

The second industrial revolution began in the late 1800s and continued into the early 1900s. The second industrial revolution was aided by the growth of railroads and the use of electricity. The use of steel was a big part of the second industrial revolution. With the second industrial revolution, it was much easier to move products from region to region. The second industrial revolution spread to more countries beyond Great Britain and the United States. Japan, for example, was involved in the second industrial revolution.

There were differences between the first and second industrial revolutions.

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There are significant differences between the first and second industrialization periods. It is important to mention that the second period was building on the ideas and products of the first period. The second industrial revolution featured the introduction and expansion of the railroad. The railroads were important in accessing and transporting raw materials such as steel which were required by the large industries. The first industrial revolution was based more on mechanization while the second was based on advancing synergies. For instance, the first revolution experienced technical developments in the textile industries like the spinning jenny used in cotton processing. The second revolution on the other hand developed efficiency in the production and distribution process. This was achieved through mobilization of the labor force into factory production units, improvement of transportation and mining.

In summary, the first revolution featured:

  • Increased use of coal
  • A shift in hand production methods to machines
  • Development of steam power

The second revolution featured:

  • Introduction of electricity and electric light
  • development of automatic signals
  • Introduction of structural steel for construction
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Yes, the Second Industrial Revolution did differ from the first in some important ways.  Here are a few:

  • Different products.  The Second Industrial Revolution was about electricity and chemicals and petroleum and all the things that can be made and consumed using these.  The First was about textiles and coal and iron.
  • A worldwide economy.  The Second Industrial Revolution was not confined to Western Europe and North America.  This one spread to places like Russia and Japan.
  • Different (to some extent) kinds of jobs.  The Second Industrial Revolution created a large number of white collar jobs, particularly for women.  The big companies needed cheap typists and telephone operators and secretaries.  All of these kinds of jobs tended to be filled by women.

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