Compare and contrast the second industrial revolution (late nineteenth century to the early twentieth century) to the first industrial revolution (late eighteenth century to the early nineteenth century)

Compare and contrast the second industrial revolution (late nineteenth century to the early twentieth century) to the first industrial revolution (late eighteenth century to the early nineteenth century).

Expert Solution

The first and second industrial revolutions championed increased output and dominated more markets for manufactured products. The Second Industrial Revolution was also referred to as Technological Revolution and incorporated rapid industrialization and standardization in the 19^th and 20^th centuries. First Industrial Revolution elapsed in mid-19^th and was marked by slowed inventions in the Industrial sector (Ionescu & Ion., 184). The first phase is recognized for advancements in manufacturing, the invention of machines in industries, and advancements in manufacturing methods.

The second Revolution significantly faced advancements in product technology and manufacturing in railroad networks, sewage services, and telegraph to enhance communication, and water and gas supply were enhanced (Agarwal, Harshit, and Rashi, 1063). Production in the first phase was dominated by steam power, iron, and textiles, while the second Revolution was enhanced by petroleum, chemicals, railroads, steel, and electricity. However, the two revolutions were dependent on each other since the first laid basis for the second Revolution in making significant advancements.

Work Cited

Agarwal, Harshit, and Rashi Agarwal. "First Industrial Revolution and Second Industrial Revolution: Technological differences and the differences in the firms' banking and financing." Saudi Journal of Humanities and Social Sciences 2.11 (2017): 1062-1066.

Ionescu, Ion Gr. "The First Industrial Revolution and general features of the world economy between the 16th century and 1780." SEA–Practical Application of Science 6.17 (2018): 183-186.

The first and second industrial revolutions championed increased output and dominated more markets for manufactured products. T

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