Describe The Evolution Of The Late 19th Century Corporation?


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Ebony Nash Profile
Ebony Nash answered
The invention of useable electricity, steel, and petroleum products during the 19th century lead to a second industrial revolution (1865 - 1900), that featured the growth of railways and steam ships, faster and wider means of communication, and inventions with names we all know today.

The 19th century was the age of machine tools - tools that made tools - machines that made parts for other machines, including interchangeable parts. The assembly line was invented during the 19th century, speeding up the factory production of consumer goods.

The 19th century gave birth to the professional scientist, the word scientist was first used in 1833 by William Whewell. Inventors began to design practical internal combustion engines. The lightbulb, telephone, typewriter, sewing machine, all came of age during the 19th century.

The first Industrial Revolution, which began in the 18th century, merged into the Second Industrial Revolution around 1850, when technological and economic progress gained momentum with the development of steam-powered ships, railways and later in the 19th century with the internal combustion engine and electrical power generation. The period of time covered by the Industrial Revolution varies with different historians. Eric Hobsbawm held that it 'broke out' in Britain in the 1780s and was not fully felt until the 1830s or 1840s, while T. S. Ashton held that it occurred roughly between 1760 and 1830.

Some 20th century historians such as John Clapham and Nicholas Crafts have argued that the process of economic and social change took place gradually and the term revolution is a misnomer. This is still a subject of debate among historians.
Anonymous Profile
Anonymous answered
The later 19th century witnessed the rise of the Second Industrial Revolution,which brought us the Electrical Age.The Electrical Power and Internal Combustion Engines were widely used, and the economy of the world made a remarkable progress and more and more corporations expanded their business abroad,so more and more transnational enterprises appeared.

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