In a series of articles, we are taking a look back at the industrial revolutions of the past to glean lessons from history as the Fourth Industrial Revolution gathers pace. In this part, the focus is on the Second Revolution, also described as the Technological Revolution.
The breakthroughs in big ideas perhaps lost some pace in the mid nineteenth century, but advances in the 1870s have led historians to place the start of the second revolution here, and it describes a period from 1870 to the start of World War One in 1914. It was in this period, spanning the end of the 19th century and the start of the 20th, that ideas around technology and mass production bore fruit, and together brought about a veritable explosion of productivity which quickly transformed the world into the modern industrial age that we all now inhabit. Read more.