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Alexander G. Khudokormov History of the Second Industrial Revolution

DOI: 10.38050/2078-3809-2022-14-4-24-41

Abstract

Article is designed to expand the course on the history of the national economy through the introduction of global topics (in addition to sections on the development of individual countries and regions). The article deals with the spasmodic development of world industry in the second half of the 19th - early 20th centuries. Data are given on the rapid development of the electric power industry and electrical engineering, metallurgy, various means of transport (cars, aircraft, etc.), as well as types of weapons. In conclusion, a general analysis of the social changes caused by the Second Industrial Revolution in the most developed, technically advanced countries of the world is presented.

Keywords: second industrial revolution, history of the electric power industry and electrical engineering, innovations in metallurgy, the birth of the automobile industry, the creation of air transport, new types of weapons, the transition to the monopoly stage of capitalism.

JEL: N60, N70, O14, O31, O33.

For citation: Khudokormov, A.G. (2022) History of the Second Industrial Revolution. Scientific Research of Faculty of Economics. Electronic Journal, vol. 14, no. 4, pp. 24-41. DOI: 10.38050/2078-3809-2022-14-4-24-41

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