The second industrial revolution was driven by Ford, and others, who created mass production and moving assembly lines.
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The railroads were so domineering that the U.S. led the way in the Second Industrial Revolution and its economy boomed.
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It bends upward again with the second industrial revolution of the late 1800s built on the internal combustion engine, electricity and telephony.
It takes another upward bend with the second industrial revolution in the late 1800s, built on the internal combustion engine, electricity and telephony.
China wants to enhance its domestic production as a pricing hedge, all while the U.S. considers domestic energy development to be nothing short of a second industrial revolution.
For companies such as AgilOne, the new face of digital marketing, if not a second Industrial Revolution, is a newly highly personal and focused approach derived from assembling mass quantities of data.
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They fail to address the larger structural problems with our current socioeconomic system, and more than that, they fail to capitalize on the emerging cleantech boom that some call the Second Industrial Revolution.
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Whether any company flourishes or fails in the volatile period of transition between an aging Second Industrial Revolution and the emerging Third Industrial Revolution will depend, to a great extent, on their energy costs.
The golden age of American productivity growth followed what is called the second industrial revolution, in 1860-1900, which yielded a cluster of genuinely paradigm-shifting inventions: electric power, the internal combustion engine, modern industrial chemistry and telecommunications.
Then we did it again in the 20th century with the convergence of communication and energy: Centralized electricity especially the telephone and then later radio and television became the communication vehicles to manage a more dispersed Second Industrial Revolution, organized around the oil-powered internal combustion engine, suburban construction and the creation of a mass consumer society.
But just as the industrial revolution was built on coal, the post-second-world-war economy was built on cheap oil.
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