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Approximately 1870-1914 The Second Industrial Revolution
New Products Use of steel instead of iron- faster lighter machines, electric streetcars and subways Electricity- energy source that could be transmitted over long distances through wires Generators developed in 1870’s Light bulb- created by Thomas Edison in U.S. Factories could now operate 24 hours a day Telephone- Alexander Grahm Bell in 1876 Radio waves- Guglielmo Marconi in 1901 Internal-Combustion Engine: fired by oil or gasoline Made ships, airplanes, and cars possible Ford Model T Cars
The Assembly Line	 Pioneered by Henry Ford in 1913 Each person completed one piece of production- became very skilled at that job More efficient mass production of goods Manufactured goods became cheaper
Two Economic Zones Advanced Industrialized core: Great Britain, Belgium, France, the Netherlands, Germany, West Austria-Hungary, Northern Italy Agricultural Economy:  Southern Italy, Spain, Portugal, the Balkans, Russia, and Austria-Hungary Working towards a World Economy Map Pg.76
Karl Marx Theorist who developed Marxism- a form of socialism Believed capitalists were oppressors and workers were the oppressed Proletariat: a term for the working class Predicted a revolution of the proletariat and the formation of a socialist economy Led to creation of socialist parties such as the SPD (Social Democratic Party) in Germany
Trade Unions Workers organized in order to insure good treatment and fair pay. Unions represented workers and their rights Had the right to negotiate with employers over hours and wages, and the right to strike if their needs were not met.

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The second industrial revolution

  • 1. Approximately 1870-1914 The Second Industrial Revolution
  • 2. New Products Use of steel instead of iron- faster lighter machines, electric streetcars and subways Electricity- energy source that could be transmitted over long distances through wires Generators developed in 1870’s Light bulb- created by Thomas Edison in U.S. Factories could now operate 24 hours a day Telephone- Alexander Grahm Bell in 1876 Radio waves- Guglielmo Marconi in 1901 Internal-Combustion Engine: fired by oil or gasoline Made ships, airplanes, and cars possible Ford Model T Cars
  • 3. The Assembly Line Pioneered by Henry Ford in 1913 Each person completed one piece of production- became very skilled at that job More efficient mass production of goods Manufactured goods became cheaper
  • 4. Two Economic Zones Advanced Industrialized core: Great Britain, Belgium, France, the Netherlands, Germany, West Austria-Hungary, Northern Italy Agricultural Economy: Southern Italy, Spain, Portugal, the Balkans, Russia, and Austria-Hungary Working towards a World Economy Map Pg.76
  • 5. Karl Marx Theorist who developed Marxism- a form of socialism Believed capitalists were oppressors and workers were the oppressed Proletariat: a term for the working class Predicted a revolution of the proletariat and the formation of a socialist economy Led to creation of socialist parties such as the SPD (Social Democratic Party) in Germany
  • 6. Trade Unions Workers organized in order to insure good treatment and fair pay. Unions represented workers and their rights Had the right to negotiate with employers over hours and wages, and the right to strike if their needs were not met.