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THE SECOND INDUSTRIAL REVOLUTION AND IMPERIALISM - Coggle Diagram
THE SECOND INDUSTRIAL REVOLUTION AND IMPERIALISM
THE SECOND INDUSTRIAL REVOLUTION
It took place between
1870-1914
It was characterised by...
Rapid industrialisatio
The rise of finance capitalism
INNOVATIONS AND CHANGES
This led to an increase in production
New sources of finance
A joint-stock company
It was made up of individuals who contributed a part of the capital
Bank
It lent money to businesses in return for interest
The stock exchange
It was a marketplace where shares in companies were bought and sold
New business structures
Buisinesses joined to become associations in order to reduce competition
Cartels
Different companies working in the same industry
Trusts
Various companies working in different industries
They used their size to...
Control the market for their products
Eliminate their competitors
Technological innovations
New sources of energy
New industries