Technological Advances in the Maritime Sector: Some Implications for Trade, Modernization and the Process of Globalization in the Nineteenth Century
This essay examines the impact of three tremendous developments in maritime transport technology - the steamship, the telegraph, and the railway - on global industrialisation and the advent of the ‘Second Global Age’. It is divided into three parts: the first surveys the development of steam navigation and locomotion by country and continent; the second explores the relationship between maritime trade and the ‘new world economy’ - particularly the impact of shortened distances and the increase in availability of information; and the third examines the challenges for maritime merchants that developed alongside the improved global communication systems. It concludes that both transport and communication were essential to the development of a world economy, and that British maritime activity was a crucial contributory element.