The confluence of developments in technology, labor and management
practice, and market expansion in the period from 1760 to 1850 so
drastically altered the context of economic relations that, taken
together, these changes have earned the name, "Industrial
Revolution." This book, the first in a series of titles to explore
turning points and important events in business history, explains
the nature of these changes, how they came about, how people
reacted to the new economic environment, and the direct impact that
they have had on the way business is conducted today. This volume
will address how the Industrial Revolution played out in Europe,
the United States, and the rest of the world, emphasizing the role
of the government in both promoting and regulating commerce. It
will clarify the important distinctions between the original
Industrial Revolution and the second Industrial Revolution
(approximately 1850 to the early 20th century), which was
characterized by accelerating growth, brought about the
introduction of the internal combustion engine, electric power, and
other technological and managerial developments. Featuring
biographical sketches, photos, a timeline, a glossary of key terms,
and excerpts of primary documents, The Industrial Revolution
reveals the "daily life" of the entrepreneurs, bureaucrats, and
workers who experienced the dramatic changes in technology,
business, and trade, and the resulting changes in society and
culture.
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