Economic Developments: The Second Industrial Revolution Flashcards
1
Q
What did the First Industrial Revolution consist of?
A
The development of steam-powered engines and machines
2
Q
When did the First Industrial Revolution start?
A
The 1750s
3
Q
When did the Second Industrial Revolution start?
A
The 1880s
4
Q
When did the Second Industrial Revolution last from?
A
The 1880s to 1910s
5
Q
What did the Second Industrial Revolution consist of?
A
Developments in electricity, communication and transport
6
Q
What year did the USA become the world’s leading Industrial power?
A
1910
7
Q
What was the situation for the USA’s manufacturing capacities on a global scale by 1914?
A
By 1914, the USA owned 35.5% of the worlds manufacturing capacities
8
Q
What percentage of the worlds manufacturing capacities did Britain own by 1914?
A
15%
