GLOBALISATION 2.2 Flashcards
What is the main area in Scunthorpe most affected by the closed steel industry?
Redcar
How many jobs were lost in Scunthorpe due to the closing of the steel industry?
2,200
How many jobs were lost in Redcar due to the closing of the steel industry?
900
By what % did the steel industry decline in England?
90%
What are there worries of?
Ghosts towns
The closing of shops and schools can lead to…
Crime and vandalism
What is a big reason for the decline in the steel industry?
Cheap labour and resources sourced overseas (eg China)
What does the Clark Fisher Model represent?
A model of economic growth over time, reflecting job types.
People leave industrial areas due to…
Less government investment
What has the WTO done to support the steel and iron industry
Introduced free trade.
How does free trade impact the steel and iron industries?
It means they can be produced and exported anywhere in the world.
What have certain climate change policies done?
Raised energy prices.