Deindustralisation EQ2 Flashcards
What is Deindustrialisation?
-The mass closure of industries in regions traditionally associated with secondary industrial production, also features high employment levels.
-partly due to global shift in production from developed to developing nations
What does it mean to be “mothballed”?
If an organisation mothballs a factory building etc, it closes it or does not use it for a long time but may open it or use it again in the future
What does it mean to be “liquidated”?
liquidation is the process of brining a business to an end and distributing its assets to those who own it
What are some impacts of the global shift on the uk?
-Consumers in the UK now have access to cheaper goods and a wider variety of products,e.g. from China, as it costs less to import than to manufacture domestically, thanks to a more integrated global market.(The cost of importing goods from China to the UK has decreased by around 30% since 2000)
-The availability of cheaper goods from China encourages overconsumption in the UK, while workers in developing countries face poor wages and harsh conditions to meet the demand for these products.
-job creation in other quaternary and territory sectors e.g. finance
-local economies decline due to increased unemployment (less ppl paying taxes)
-less FDI as investors aren’t incentivised to invest due to closing shops and services
-increased carbon foot print
Where is Redcar and leister and how has it experienced de- industrialisation?
-Redcar, once a thriving industrial hub in the North East of England, has experienced significant deindustrialisation since the late 20th century, this is due to the decline of its steel, iron, and chemical industries, leading to job losses and economic challenges for the local community
-leister used to thrive on the textile industry
How has Redcar faced high unemployment?
-2,200 Steelwork employees have lost their jobs and for short periods almost 100% unemployment amongst ex factory workers following the closures
» less disposable income= less demand for services which can create a downward economic spiral where businesses close meaning less jobs and reducing availability of essential services, also reduces quality of life
How has Leister faced high unemployment?
-There is a 7.9% unemployment rate in Spinney Hills, Leister making it in the top 5% of deprived areas in England
»>Increased poverty levels in the area, increased crime rates to help cope with financial hardship, pressure on police services
Why has Redcar faced High crime rates?
-many men in Redcar feel let down and with few transferable skills have dropped out of seeking employment and instead work in “black markets”»
perpetuate a cycle of criminal behaviour potentially leading a permanent criminal record furthering hindering people from finding jobs in the formal job market
Why did depopulation occur in Redcar?
-many young people leave to find work or further education in more economically thriving regions with more career opportunities leaving to our migration and homes being empty and in disrepair »_space; lead to “brain drain” and a reduction in human capital which mean there would be less of a skilled workforce making it harder for the economy to recover, buildings left empty can become eye sores attracting crime and vandalism
What example is there of dereliction in Redcar?
-The abandoned blast furnace, surrounded by locked fences, dominates much of Redcar and the beach, leaving a visible scar on the community
» can become a hotspot for antisocial behaviour and crime (broken window effect) discourage investments and business start up in the area which slows down the economy’s recovery, lower morale making it harder for the community to envision a better future
How is there examples of contamination in Redcar?
Cracking from coke ovens in Redcar are breaching environmental legislations mean it will be dismantled
» Hazardous substances, like chemicals or metals, can be released into the environment, posing significant health risks to local residents. This could lead to respiratory problems, skin conditions, and other long-term health issues in the community, especially if the contamination is not properly addressed.