Economic Change Flashcards

1
Q

Role of De Birmingham (1166) family in economic change in Birmingham

A
  • bought Royal Charter in 1166 allowing market place to be built and trade to occur
  • Impact= Econ growth
  • significance - first major step in econ growth, without market wouldn’t have become hub for trade
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2
Q

Role of Cadbury family in economic change in Birmingham

A
  • built Bourneville factory a long with model village for all workers
  • impact= economic and social growth
  • significance= improved quality of life for workers and brought in workers who would further invest in local economy
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3
Q

Role of Joseph Chamberland (mayor of Birmingham 1873) in economic change in Birmingham

A
  • took steps to improve sanitation & public health & used public money to construct schools, parks, libraries & take control of gas, electricity, public transport and police.
  • impact= social growth
  • significance = improved standard of living meaning more healthy and skilled people entering workforce increasing productive output.
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4
Q

Role of Austin car plant (1906) on economic change in Birmingham

A
  • employed 18,000 people making 1000 cars a year as well as producing military equipment employing 25,000 by late 1960s
  • impact= economic growth
  • significance = brought more workers to invest in local economy & grow industry and reputation BUT declined after wars and was sold losing 6000 jobs
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5
Q

Role of overseas car manufacturers (Toyota, VW, Renault) on economic change in Birmingham

A
  • selling cars in Britain that were better value for money and more reliable driving demand for British made cars away declining the industry
  • impact= economic decline
  • significance= Birmingham reputation was highly around car manufacturing so further industry decline
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6
Q

Role of OPEC on economic change in Birmingham

A
  • cut off oil supply to Israel-supporting countries resulting in high oil prices
  • impact= economic decline
    -significance = borough global shift impact forward - cheaper production abroad, Birmingham had been industrial but oil prices increase increased production costs causing unemployment and loss of demand.
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7
Q

Role of EU in economic change in Birmingham

A
  • social investment fund used to fund flagship developments such as Bull Ring.
  • impact= economic growth
  • significance= allowed projects to happen without costing UK government large amount and created a positive multiplier effect
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8
Q

Demographic & cultural characteristics of Birmingham before change

A

White & homogenous
Close knit communities
Large populations

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9
Q

Environmental factors of Birmingham before change

A

High levels of atmospheric pollution and smog
Canals and rivers experienced high levels of water pollution

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10
Q

Socioeconomic characteristics of Birmingham before change

A

Economy between Industrial Revolution and 1960s focused in manufacturing
Poor quality inner city terraced housing
Clear sense of place

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