Economic Development In The UK Flashcards
Why is the economy changing
1) DE-INDUSTRALISATION - fewer jobs available in primary sectors
2) GLOBALISATION - manufacturing moved oversea but headquarters remain in UK
3) GOVERNMENT POLICIES- eg. World trade organisation
MOST COMMON SEEVICES
Tertiary and quaternary
81% employed in 2011
1) SERVICES eg. retail and entertainment (4.4 million)
2) INFORMATION TECHNOLOGY- 60,000 people
3) FINANCE - EG.Hsbc
4) RESEARCH - University 2013 £30 billion
WHERE ARE SCIENCE AND BUSINESS PARKS FOUND?
Near university Outskirts of cities Near transport links Near housing Eg. Cambridge science park
WHY HAVE SCIENCE AND BUSINESS PARKS GROWN AND OPPORTUNITY
large demand for high tech products
Large number of units
Clusters can boost eachother
Attractive
WHAT ARE EVIDENCE FOR THE NORTH SOUTH DIVIDE
1)WAGES - Lower in the north 2014 average 40% lower in Huddersfield than L
2)UNEMPLOYMENT - 9.9% in the North and 4.4% in the south
3)HEALTH- more drugs
Life expectancy (Glasgow 72.6) (Dorset 82.9)
4) EDUCATION- GCSE
WHAT CHANGES ON RURAL AREAS
CUMBRIA- Population have decreased in villages fewer jobs
Unemployment
Decreased service
NORTH SOMERSET- population have increased move to quiet towns to access Bristol
More expensive local people
Roads congestion
HOW TO REDUCE NORTH SOUTH DIVIDE
1) DEVELOP MORE POWERS benefit local community
2) ENTERPRISE ZONES - 55
Reduced tax
Impeoved infrastructure
Simpler planning
High unemployment
3) NORTHERN POWERHOUSE
Transport links
IMPROVING NETWORK LINKS
1)ROADS- Improve conditions, 100 new roads, extra lanes M4 new road M6
2)RAILWAYS- HS2 increase capacity and faster BUT expensive £42 billion
3)AIRPORTS- HEATHROW new lanes
Employ 76,000 and boost economy
CO2 noise destroy 1 village
4)PORTS - London gateway - trade
STRONG LINKS - OTHER COUNTRIES
TRADE- trade gloabally £250 billion per year
CULTURE - creative industries eg. Shaun the sheep, BRISTOL 170 COUNTRIES
TRANSPORT- CHANNEL TUNNEL
ELECTRONIC COMMUNICATION - Global IT firms
EU - 28 countries large markers (130 billion exports per year)
COMMONWEALTH - 53 independent stars improve wellbeing