Andrew Carnegie

Industry

Britain, the USA, Germany, and Japan industrialize rapidly while most of Asia, Africa, and Latin America are locked into raw-material export by colonial rela…

• ~1870 CE

  Second Industrial Revolution and global inequality

  Britain, the USA, Germany, and Japan industrialize rapidly while most of Asia, Africa, and Latin America are locked into raw-material export by colonial relationships. The divergence in wealth and power forged in this period shapes the development gap that persists today.