development in the uk Flashcards
how is economic growth an impact of globalisation in the UK
in most years the UK economy grows by one or two percent mainly due to being safer with the rest of the world. gradually this helps to make us richer
how is cheaper services and goods an impact of globalisation in the UK
many of the things we buy are cheaper because they are produced in places where people earn lower income than we do
how is foreign investment an impact of globalisation in the UK
foreign companies invest in the uk, bringing new ideas an technology. the also provide jobs for workers in the uk
high is high value production an impact of globalisation
the Uk specialises in high-value manufacturing and services, like information technology. workers are better paid and the uk earns more money
how is migration an impact of globalisation
migrants come to the uk to fill jobs where we have a shortage of skilled workers, in healthcare and construction. British people also travel abroad for work
how is less manufacturing an impact of globalisation
more imports of manufactured goods, especially from china, means fewer goods are produced in the UK, factories close and jobs are lost
how are outstanding jobs an impact of globalisation
jobs that used to be done in the UK can now be done else where, this means loss of jobs or lower wages for those still working in the uk
how is inequality between workers an impact of globalisation
the gap between low paid unskilled work and high paid skilled work is increasing. it is hard for low paid workers to negotiate for high pay when jobs can be outsourced
define de-industrialisation
De-industrialisationis the decline in secondary (manufacturing) industries e.g. coal mining, ship building and the subsequent growth in tertiary and quaternary employment
how did deindustrialisation effect the North east of England and what where their responses
high rate unemployment, low incomes, businesses struggle. RESPONSES: investment in infrastructure, foreign investment i.e. Nissan, Regional Development Agency set up.
what is a post-industrial economy
a post industrial economy is where manufacturing industry declines and is replaced by growth in the service and quaternary sectors. this happened in the UK from the 1970s
how has the development if IT, service industries, finance and research moved the UK towards a Post-industrial economy
internet access enables people to work from home
1.3 million people work in the IT sector
The UK is one of the worlds leading digital economies
the UK is the worlds leading center for financial services
the financial service sector accounts for about 10% of the UK’s GDP
UK research sector employs over 60,000 highly qualified people and is estimated to contribute over £3 billion to the UK economy.
define a science park
Science Park: purpose built areas of offices & warehouses often on edge of city on a main road. Located near
universities & hi tech industries, work closely with universities. Cambridge is one of UK’s main hubs for hi-tech industry 1500 IT & biotechnology companies based here. CSP 80km north of London, close to M11.
what are the advantages of Cambridge science park
Good transport links M11, Stanstead airport
• Highly educated workforce Cambridge Uni.
• No competition for space, few traditional ind.
• City offers good QoL, shops, open spaces
• Good links between colleges & industry
what are the disadvantages of Cambridge science park
• City is overcrowded, congested, difficult to drive
& park
• House pieces are high, expensive to live
• Road & rail routes need improving to speed up
connection to cities other than London
