Explain the economic, political, and social consequences of the Second Industrial Revolution.

The
Second Industrial Revolution deeply altered the political, societal, and economic landscape of
Western Europe and the United States. Focusing on the United States, the changes that occurred
during the Industrial Revolution were astounding. The time period was characterized by a huge
increase in industrialization and technological improvements that led to faster and more
effective methods of production.

Economically speaking, the Second
Industrial Revolution saw the ability to manufacture products faster and cheaper. The
implementation of the assembly line, in which products were assembled in stages with each worker
focusing on a specific part of the process, allowed for workers to become very good at their
specific role. This led to increased production. Additionally, harnessing the power of
electricity allowed for greater working hours and more efficient usage of machinery. The fact
that products could be manufactured much faster and cheaper meant that prices decreased for
those...

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