Mokyr 6

what changed after the first rush of the industrial revolution?

What makes economies of scale possible?

Science and/or invention

Large-scale production of steel:

Chemical industry

The electrical industry is the other area where science was creating a whole new industry

rapid improvements in transportation via the railway and steamship

Mass production of complex machines like guns or bicycles: new approaches to the steps of factory production

How did food production keep up?

Telephone and radio were science based

Dilemmas of technological progress:

Technological change accounted for sustained growth
why didn't economic growth grind to a halt?