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Agriculture and handicrafts had been the foundation of economies before the Industrial Revolution, which replaced them with a focus on large-scale manufacturing, mechanized production, and the factory system. Existing industries become more effective and productive as a result of new tools, power sources, and labor arrangements.
What seven significant innovations marked the second industrial revolution?
The telegraph, the contemporary lightbulb, the assembly line, the vehicle, the airplane, and the building of the American transcontinental railroad are among the most significant inventions of the Second Industrial Revolution.
What three factors were the foundational elements of England's early Industrial Revolution?
The fact that Great Britain had a plentiful supply of what economists refer to as the "three components of production" was another important factor in the start of the Industrial Revolution in that country. Land, labor, and capital are these components of production.
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