Industrial Revolutions

I. First Industrial Revolution (1760-1830)

• Largely in Britain
• Technological innovations: steam engine

II. Second Industrial Revolution (1860-1900)

• Simultaneously in Europe and United States
• Technological innovations: electricity, internal combustion engine
• Led to the golden age of U.S. productivity growth from 1913-1972

III. Third Industrial Revolution ? (1980's-Now)

• Technological innovations: computer, internet, biotech (?)