Lightbulb Economic Impact

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Imagine waking up at sunrise and tucking in your bed at sunset. Then, after many years, while striking stones, you discover fire, something that would help you stay awake at night in presence of light. Burning firewood and lighting up oil lamps remained sources of light until the Nineteenth century when the Incandescent light bulb was co-invented by two scientists - Thomas Edison and Joseph Swan. Since then, the lightbulb has been the invention of the 19th century that has shined on us for generations and has contributed most to the economic growth of the United States.

The lightbulb was the key to bring-about the big industries that we see today. It caused the building of electrical distribution plants. Before the lightbulb was invented, there was no mass-scale electrical distribution plant to provide electricity for all regions in the United States. So, the first electrical plant was built in Niagara Falls, which powered the nearby cities, and soon led to the industry of big electrical plants across the U.S. Soon many new industries also started to use light bulbs, such as TV’s and streetlights.
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The incandescent light bulb had an average life expectancy of 1,200 hours and costed $23 in current standards. The first fluorescent light bulb ran for 6,000 hours and costed $30. The first LED ran for 15,000 hours and costed $40. These bulbs helped grow the economy as more people were buying the lightbulb every time as there was an advancement for it every

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