Time And Technology

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With the telegraph one could pass a message across any distance almost effortlessly and it was cheap, so the need for this kind of communication was already there. This new medium also meant that even people which were not rich could send a message very far without having to pay incredible amount of money. The whole world began to expand their telegraph networks and soon Europe and the United States had connecting transatlantic marine lines under the Atlantic. Information has always meant power and wealth and it is no wonder that telegram traffic became an important economical as well as political tool. In earlier times it would takes days if not weeks for news to reach certain countries or other parts of our world and in some cases this proved to be disastrous for business and economy, but now the whole world could pinpoint every event that happened around the world in a matter of hours if not minutes. Business deal could be closed quicker and markets could grow with ...

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