Changing UK economy Flashcards
Why has the UK economy changed
Deindustrialisation and the decline of traditional industries
- machines and technology replace many people in the modern industries
- lack of investment, high labour costs and outdated machinery made many UK products too expensive
- China, Malaysia can produce cheaper goods as labour is less expensive
What is globalisation
The growth and spread of ideas around the world
- it has boosted world trade and enabled more imported products to the UK
- this results in the decline of UK manufacturing
How has IT one of the UK’s main factor for moving into a post-industrial economy
- Internet enables communication of people instantly across the world
- Many people can access the internet using smartphones and tablets
- Large amounts of data can be stored and accessed very quickly due to computers
- internet access enables people to work from home
- many people, thousands are employed in IT businesses
What is a science park
A group of scientific and technical knowledge-bases businesses located on a single site
- most are associated with universities enabling them to use research facilities and employ skilled graduates
What is a business park
An area of land occupied by a cluster of businesses
Why are business parks often located on the edge of towns
- Land tends to be cheaper
- with more available land it is possible to extend business
- access is often better for workers
- businesses can benefit by working together
Harmful impacts of quarrying
- Destroy natural habitats
- pollute near by water
- scar the landscape
What road improvements is there to be
- Resurfacing of roads
- improving connectivity
- increasing existing motorway capacity
- improving road design, additional lanes to reduce congestion
What is the south-west super highway
- A main route to the south west
- at peak times the road may get heavily congested
- A ROAD WIDENING PROJECT
- will create 100s of construction jobs
- converting the route to a dual carriageway with additional improvements to connecting routes
What is HS2
(High speed 2)
- a high speed rail line to connect London to Birmingham and then to Manchester
- never finished
- was meant to improve north south divide
What is London’s crossrail
- Links reading and Heathrow to Shenfield and abbey wood
- Will improve journey times across london
- ease congestion and offering better connections to the underground
- will bring additional people in the commuting distance of Londons business district
- more passengers
What is Liverpool 2
- A new container terminal constructed at the liverpool port
- more than doubled ports capacity
- created 5000 jobs
- boosted the economy of the north west
- reduced amount of freight traffic on the roads
Expanding Londons airports
- A new runway at Heathrow
- create 770000 local jobs
- boosts regional economy
- people nearby concerned about the noise
- during construction rivers will have to be diverted and roads moved
- hundreds of homes will have to be demolished
Why is there a north south divide
Industries such as steel making and heavy engineering thrived in the north
the decline of these industries causing unemployment lead to modern industries located elsewhere
- London is a major global financial center
