The discovery of natural rubber changed the dynamics of western economies in the late eighth century and early ninth century. To get a better perspective on how the rubber boom redefined the second industrialization, a brief history of the discovery of rubber will shed more light. Rubber was discovered in the Amazon region of Peru and Brazil by the indigenous Indians who had used it to make an elastic ball that they used in a game called Tlachtlic, at around 1600BC. The rubber was extracted from a tree called rubber tree (Havea brasiliensis) 1 . Rubber got to Europe through early expeditionary trips by the likes of Christopher Columbus 2 . It was used as an as an eraser by Joseph priestly. The practical use of rubber was not well developed until 1800s when the first rubber factory was built in the United Kingdom, France and the United States increasing the demand of the product in the world market. Use of rubber gained momentum through clever discoveries like vulcanization, which led to different applications of rubber like Michelin 1895 was able to adapt the bicycle tire to automobile tires 3 . Prior to this, in 1815 Hancock had discovered the first rubber mattress and together with a Macintosh, they developed a waterproof coat and the list is endless of how new rubber applications developed. The impact of the boom in rubber in Europe, America and Asia led to emergence of new economies especially in Brazil where small towns like Belem, Manaus and Porto Velho grew rapidly to become major towns in Brazil 4 . The effect of this sporadic growth and massive demand called for increased supply of the product to meet the demand which further meant that a larger workforce needed to be put in place. The negative aspect that reared its head in economic growth was that most indigenous Indians were forced to work for the rubber barons and although the venture was very profitable those who collected the rubber in the fields were grossly paid and the native Indians of the Amazon were made slaves to work for the plantation owners 5 . In one of the plantations, it is quoted to have started with around 50,000 workers of Indian decent. When the plantation was put on the limelight, it was revealed it had only about 8,000 Indians. The rest had died either under unorthodox means or just brutally murdered 6 . However, on the other side, Brazil emerged as a well-developed economy. The rubber boom never lasted for long in Brazil as by 1873 the Britons had migrated their interest to Malaysia and had stated their own plantation 7 . The rubber boom had led to an industrial revolution in Brazil’s economy through an advanced infrastructural system in railroad, construction of roads and an improved communication that allowed and facilitated other facets of the economy to grow tremendously like mining and agriculture. It is also important to mention that the boom brought both political and economic redefinition of the economic prospects in Brazil 8 . Other economies that emerged from the rubber boom were countries like Malaysia. Although rubber trees grew spontaneously in the wild in Malaysia rubber plantation were introduced by the British in 1870 9 . The Havea Brasiliensis specimens were transported notably to Singapore and Ceylon where they performed better than expected. The boom and increased rubber prices that had reached an all-time high in 1910, which boosted t