Bessemer process: The first inexpensive industrial process for the mass production of steel from molten pig iron.It is considered to have begun with Bessemer steel in the 1860s and culminated in mass production and the production line. Second Industrial Revolution: The Second Industrial Revolution, also known as the “Technological Revolution,” was a phase of the larger Industrial Revolution corresponding to the latter half of the nineteenth century until World War I.Improvements in workflow, such as mass production and scientific management, contributed greatly to economic growth.The Bessemer process for manufacturing steel led to America’s first billion-dollar corporation, United States Steel.Large corporations or trusts managed the manufacturing of raw materials such as coal, iron, and oil.The incredible economic and industrial growth of America after the Civil War became known as the “Second Industrial Revolution.”.
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