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Summary: The First Industrial Revolution

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Summary: The First Industrial Revolution
An American revolution, involving an industrial and technological up rise, was being held in Philadelphia during the Centennial Exposition of 1876. Alexander Graham Bell motioned the start of the United States to global leadership – towards the industrial technological awakening – when his invention, the telephone, was patented that year. The first dedicated individual to industrial research, Thomas Alva Edison, opened up his own laboratory in Menlo Park, New Jersey, in the year 1876. With the assistance of his team, they were capable of manufacturing an incandescent lamp within three years; therefore, leading to the initiation of a facility within New York City’s financial district called the Edison Electric Light Company by the year 1882. At this point, both urban life and industry were transformed by electricity.
From 1871 to 1914 the second industrial revolution was moving up quite rapidly, almost unbelievably. $2 billion dollars, in goods, was estimated as the annual production in 1865 and by 1900 it moved up to $13 billion; consequently renovating the U.S.A as the first worldwide productive nation.
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This system connected cities and aided as nationwide suppliers for goods, such as: iron, coal, minerals, raw materials for the industry, food, and other useful possessions for developing urban populations.
In order to upsurge the productivity of employment and the amount of goods, an application of new technologies had to be input on economic growth; hence, bringing together machines, factory managers, and workers to create a system which would promote continuous prompt production. Economies of scale and speed, restructuring of factory effort and industry organization, and the growth within market goods were contributors towards advanced

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