Canary Wharf Flashcards

1
Q

What is the Canary Wharf known for?

A

Changes in function from industrial to administrative

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2
Q

What is a significant economic characteristic of Canary Wharf?

A

Very high wage income

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3
Q

What type of jobs are prevalent in Canary Wharf?

A

High-skilled jobs

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4
Q

What was the impact of the decline in the Docklands?

A

12,000 people losing their jobs and 200,000 people moved away from the area

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5
Q

What does the phrase ‘nigny ancipier pramation’ refer to?

A

Due to LDD creating an enterprise zone

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6
Q

What is a notable infrastructure feature in central London?

A

Large airport

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7
Q

What has increased connectivity and influence from other countries?

A

Transport

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8
Q

What do TNCs allow that improves the economy?

A

Foreign Direct Investment (FDI)

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9
Q

What does FDI stand for?

A

Foreign Direct Investment

FDI refers to investments made by a company or individual in one country in business interests in another country.

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10
Q

How does FDI improve a country’s economy?

A

By increasing productivity and connectivity

FDI can lead to job creation, technology transfer, and increased competition.

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11
Q

What is a key characteristic of the population in London mentioned?

A

Most people are in their 30s

This indicates a significant demographic trend in the city.

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12
Q

What percentage of the population identifies as having no religion?

A

Increased number of no religion

This reflects changing societal values and beliefs.

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13
Q

What percentage of the population has a non-UK identity?

A

47%

This highlights the multicultural aspect of the population.

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14
Q

What is the unemployment rate mentioned?

A

4% unemployed

This indicates a low unemployment rate, suggesting a healthy job market.

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15
Q

What percentage of the population is employed?

A

79%

This is higher than the national average.

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16
Q

What trend is observed in household size?

A

Most people live in households of 2 people

This reflects changing family structures and living arrangements.

17
Q

What has increased in terms of diversity?

A

Increased ethnically diverse population

This shows the demographic changes in urban areas.

18
Q

Fill in the blank: The large airport in the center of London increases _______ and influence.

A

connectivity

A major transportation hub can enhance economic and social links.

19
Q

What demographic groups are lacking in London’s population?

A

Younger and elderly people

This indicates a potential gap in age diversity.

20
Q

What trend has been observed in marriages?

A

Increased marriages, decreased pendents

This suggests changing social norms regarding relationships.