This Fleeting World
This Fleeting World
This Fleeting World
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70 <strong>This</strong> <strong>Fleeting</strong> <strong>World</strong><br />
and track stimulated coal and metal production and engineering. During<br />
the early nineteenth century many of these technologies spread to other<br />
parts of Europe and to the United States.<br />
A third wave of innovations occurred during the second half of the<br />
nineteenth century. Industrial technologies spread in North America, in<br />
other parts of Europe, and in Russia and Japan. Military humiliation at<br />
the hands of Western nations during the 1850s and 1860s forced the<br />
governments of Russia and Japan to realize that they had to encourage<br />
industrialization if they were to survive, because industrial power clearly<br />
enhanced military power. Steel, chemicals, and electricity were the most<br />
important new technologies during this wave of the industrial revolution,<br />
and new forms of organization brought banks and factories together in<br />
large corporate enterprises, the largest of which were formed in the United<br />
States. In Germany and the United States systematic scientific research<br />
began to play an important role in technological innovation, as did large<br />
corporations, and innovation began to be institutionalized within the<br />
structures of modern business and government.<br />
By the end of the nineteenth century Britain was losing its industrial<br />
primacy to Germany and the United States: In 1913 the United States accounted<br />
for almost 19 percent of the world’s GDP, Germany for 9 percent,<br />
and the United Kingdom for just over 8 percent.<br />
Subways have proven to be an efficient means of transportation in crowded cities.<br />
<strong>This</strong> diagram is a cross-section of the Chicago subway system in the early twentieth<br />
century.