Whatever the changes in technique and scope, the second industrial revolution cannot be compared to that the first revolution – the industrial revolution.
Difference between the Second Industrial Revolution & first Industrial Revolution.
- Successful nation Building to increase International Political and economic revolution, culminating in a scramble after imperial territories in Africa and Asia.
- Britain did not lose its industrial primary but failed to counter Germany and the U.S.
- New metals, chemicals, and electricity technology resulted in new products.
- Larger populations and improving standards of living produced greater demand, which in turn increased the volume of production.
In analyzing the progress of industrialization, we shall deal with changes in these main areas.
- Technology, In the scope of scale and production
- In Reorganizations of the capitalist system.
- Late nineteenth-century imprecation.