the second industrial revolution saw the development of many new innovations and technological advancements that brought a wave of economic success upon the United States during its emergence in the late 19th century. During this time, there were developments of coal, steel, railroads, telegraphs, chemistry, electricity, corporations, and consumerism, among other business innovations such as mass production. One of the many innovations were railroads, which had finally been established in the United States. The shipment of goods on trains, as opposed to canals, allowed businesses to be open year-round due to the new reliability of shipment schedules in any weather. Additionally, trains could carry up to 50 times the amount of goods at the same cost as shipping via canal, which was costly and inefficient, with no reliable shipment schedule. What’s more, trains allowed people to experience a new sense of speed that they hadn’t …show more content…
The founder of this company – a young man named Andrew Carnegie who came to New York City in 1848 – would eventually create the very successful business, Carnegie Steel, by capitalizing on the advancements of the second industrial revolution. Carnegie’s company invested in iron mail, and their primary focus was turning cheap iron into steel through the process of oxidation in which impurities were removed from the metals. Carnegie Steel began to mass produce affordable steel products by using machinery to replace most laborers, which was another advancement of the second industrial revolution. Carnegie Steel became one of the most successful steel manufacturers of all time and led to Carnegie becoming a self-made millionaire. The innovations introduced by Andrew Carnegie and his steel company played a large role in America’s economic success during the second industrial