The First Phase
The first phase of the Industrial Revolution took place here and focused on this.
Britain - iron and Coal
The second phase of the Industrial Revolution took place here and focused on this.
Western Europe and the US - transportation and communication
Average work shift was this long for this many days in a row.
12 - 16 hours ~ 6 days a week
Businesses owned by various investors.
Corporation
They are the inventors of the airplane.
What two things do you need to start a revolution?
Capital and natural resources
Railroads
Employers preferred them because they could pay them less.
Women and children
Share in the ownership of a company.
Stock
This person perfected the use of electricity.
Thomas Edison
Money or assets
Capital
This was developed by Robert Fulton.
Steam engine
Getting fired
You only risk this amount when buying stock.
The amount you invest
Henry Bessemer created a way to produce this resource.
Steel
Demand
One new form of transportation was the horseless carriage.
Gottlieb Daimler
New methods of production in the second phase of the revolution.
Interchangeable parts and the assembly line
One corporation controls an entire industry or area of the economy.
Monopoly
This person invented the telephone.
Alexander Graham Bell
The Industrial Revolution began in Britain because it had these four characteristics.
Natural Resources, human resources, new technology, and the necessary economic conditions.
A code for the telegraph that is able to send coded messages through wires via electricity (dots and dashes).
Morse Code
Women
A company that has a monopoly can do this.
Charge whatever they want
Guglielmo Marconi invented this.
Radio