The Second Industrial Revolution and its Impact: A Historical Overview

The Dawn of the Second Industrial Revolution

Industry entered a new phase known as the Second Industrial Revolution. Key changes included:

  • New energy sources: electricity and petroleum.
  • Emerging industrial powers: the United Kingdom, Germany, and Japan.
  • Shift from textiles to steel, chemicals, and electricity.
  • New transportation: cars, planes, and electric locomotives.
  • Telecommunications advancements: telephones and radios.

The Age of Science and Progress

The Second Industrial Revolution was deeply connected to research, leading to unprecedented scientific advancements:

  • Biology: Darwin’s theory of evolution.
  • Medicine: Pasteur and Koch’s contributions to microbiology, antisepsis, and anesthesia.
  • Physics: Progress in electricity.
  • Chemistry: The periodic table and synthetic products revolutionized industry.
  • Social Sciences: Development of economics and sociology.

The Rise of Big Capitalism

A Great Depression from 1873 to 1898, marked by declining prices and rising unemployment, led to the emergence of large-scale financial capitalism:

  • Business concentration: Failures of small and medium enterprises led to large industrial and financial monopolies.
  • New work organization: Reduced production costs through series manufacturing.
  • Protectionism: Replaced the free trade of earlier industrialization.

This large-scale capitalism fostered a nascent consumer society with mass-produced goods and new marketing techniques like advertising and hire purchase.

Key Terms and Concepts

Geopolitics and Conflict

  • Eastern Question: Competition between Russia and Austria over Ottoman territories in the Balkans, with France and Britain aiming to maintain the status quo.
  • Colonial Exploitation: Using native populations and territories solely for the benefit of the controlling power.
  • Imperialism: Expanding national authority through territorial conquest and establishing economic and political control.
  • Colonialism: A form of imperialism where controlled areas are formally declared colonies or protectorates.
  • Napoleonic Wars (1803-1815): Conflicts involving Napoleon’s French Empire and various European alliances.
  • War of the Sixth Coalition: The coalition that ultimately defeated Napoleon and exiled him to Elba.
  • Guerrilla Warfare: Unconventional combat using small, mobile groups against a larger, more formal army.

Social and Political Movements

  • Socialism: Advocated for societal transformation through reforms and political action by the working class.
  • Labor Union: An association of workers defending their interests and seeking better working conditions.
  • Nationalism: A modern ideology and social movement focused on the nation.
  • Carlist Wars: Civil wars in Spain where pretenders fought for the throne.
  • The Glorious Revolution (1868): Deposed Queen Isabella II in Spain.

Key Figures and Institutions

  • Espartero, Prince of Vergara: A Spanish general and political figure.
  • Wellington: An Anglo-Irish soldier and statesman.
  • The Spanish Constitution of Cadiz: Limited the king’s power and established rights.

Political Ideologies and Concepts

  • Liberalism: Prioritizes individual liberty as the most important political goal.
  • Absolute Monarchy: Unrestricted monarchical power.
  • Francophiles: Spaniards who collaborated with the French occupation.
  • Pronouncement: Military uprising against the government.
  • Salic Law: Excluded women from inheriting the French throne.
  • Creole: A person of Spanish descent born in a Spanish colony.
  • Sovereignty: A theory of power, with variations from absolute monarchy to popular sovereignty.
  • Federated State: Formed by regions or states with significant autonomy.
  • Oligarchy: A small group holding significant power and influence within an organization.