Question

Which development occurred as part of the second industrial revolution in the late 1800s

Answer 1

In the late 1800s, most Americans accepted laissez faire economics in theory. In practice, however, many supported government involvement when it benefited them.

Answer 2

The introduction of electric light was key to the development of mankind during the second half of the 19th century. It was created by Humphry Day in 1802 and successfully commercialized to the public by 1870. With the introduction of this invention. Mankind's productive means dramatically improved their efficiency as people were able to work on night shifts, incrementing the output and, therefore, their cost structure.