Causes of economic change in the UK

Question 1

De-Industrialization

Answer 1

Decline in traditional industries because of machines and other countries.
For example, (China can produce more goods for cheaper)

Question 2

Globalization

Answer 2

Growth and spread of ideas around the world.
Many people now work in the quaternary sector
Increased world trade and cheaper imported products have contributed to decline in UK manufacturing

Question 3

1945-79 Government policy

Answer 3

State run industries such as British rail created

Government money ‘propped up’ unprofitable industries

Question 4

1979-2010 Government policy

Answer 4

State run industries sold to private shareholders (known as privatization)
Many older industries closed down
New private companies brought innovation and change

Question 5

2010 and onward government policy

Answer 5

Rebalancing the economy by relying less on service industries, policies have included:
improvements to transport
more investment in manufacturing
encouraging global firms to locate in the UK

Question 6

How has UK economy changed from 1800

Answer 6

In 1800, most people worked in the farming or mining sector

Question 7

How has UK economy changed from 1800

Answer 7

In 1800, most people worked in the farming or mining sector

Question 8

How has UK economy changed from 1900

Answer 8

During the Industrial revolution, people made steel, ships or textiles

Question 9

How has UK economy changed from 2006

Answer 9

Jobs in research, Information technology and the media have developed since the 1980’s
A big shift to the tertiary sector