Were railroads part of the first Industrial Revolution?
The development of railroads was one of the most important phenomena of the Industrial Revolution. With their formation, construction and operation, they brought profound social, economic and political change to a country only 50 years old.
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In 1826 Stevens demonstrated the feasibility of steam locomotion on a circular experimental track constructed on his estate in Hoboken, New Jersey, three years before George Stephenson perfected a practical steam locomotive in England. The first railroad charter in North America was granted to Stevens in 1815.
The railroads accelerated the pace of the Industrial Revolution. New technologies, such as machine building and iron and steel production, advanced to meet the demands of railroad growth. By providing cheaper and faster freight delivery, the railroads helped create a new national market.
A synergy between iron and steel, railroads and coal developed at the beginning of the Second Industrial Revolution. Railroads allowed cheap transportation of materials and products, which in turn led to cheap rails to build more roads. Railroads also benefited from cheap coal for their steam locomotives.
The advent of the railways in Europe drastically changed time and distance during the Industrial Revolution. Before the invention of railways, people relied on other means of transportation such as walking and using horses.
The railroads powered the industrial economy. They consumed the majority of iron and steel produced in the United States before 1890. As late as 1882, steel rails accounted for 90 percent of the steel production in the United States. They were the nation's largest consumer of lumber and a major consumer of coal.
The railroad became a way for companies to ship to each other from across the country, transport raw materials to factories, and send final products to consumers. Not only did the railway system grow due to the flourishing businesses, but corporations expanded as well due to the growth of the railway system.