Economic Developement in the UK Flashcards
North-South divide in the UK
Wages are lower in the North
Health is worse in the north than the south.
Education- GCSE results are better in the South than the North.
Transport infrastructure projects in the UK.
UK is improving its transport systems.
ROADS- Government announced 4 schemes to improve congestion.
RAILWAYS- Crossrail will increase London’s rail capacity by 10%.
impact of globalisation in the UK economy.
Globalisation involves the increased integration and interdependence of the global economy. It means there will be a rise in trade, and increase in movement of labour and capital. There are both pros and cons of globalisation. The benefits include greater competition, lower prices, economies of scale.
What are the main causes of economic change in the UK?
globalisation, technological advancements, privatisation, changes in labour market demands, government policy decisions
How is the government trying to reduce the North-South divide?
by investing in the north