Economic Development Uk Flashcards
Causes of economic development
De-industrialisation and decline in uks industrial base
Globalisation- manufactures move overseas
Government policies
Services and post industrial
Tertiary and quaternary industries are growing as secondary industry declines
Important industries
Services
Retail uks largest sector employing other 4.4 million people
Information technology- Over 60,000 people employed in IT sector
Finance - especially in London
Global financial institutions eg hsbc
Research and development increasing
Making use of skilled uni grads
2013 nearly £30 billion spent on research and development in UK
Changes in uk economy and rural landscapes
Cumbra population of villages decreasing agricultural and manufacturing decline unemployment above national average in 2/7 regions
North West Somerset populations of some towns increase a lot of specialist Bristol
Road congestion over subscriptions
Government resolution to regional differences
1) devolving more powers
2) creating enterprise zones that offer lots of benefits eg reduced taxes
3) northern powerhouse- improved transport to north
Uk links to other countries
Trade £250 billion exports per year
Culture eg Shaun the sheep shown in 170 countries
Transport Heathrow
Chunnel
Electronic communications- Trans-Atlantic cable
Eu £130 billion of U.K.’s exports to you
Commonwealth 53 independent state
Evidence for north south divide
Wages generally lower in north
E.g. 2014 average weekly rate was 40% lower in Huddersfield than London
Health generally worse in north
Life expectancy for male babies in Glasgow in 2012 is 72.6 years but in East Dorset it was 82.9 years
Education
Jaguar land rover
Wolverhampton
Natural calling and natural light maximised
Solar panels generate 30% of plants electricity almost all waste recycled