Globalisation: 2.2 - Tata Britain Flashcards

1
Q

Impact of deindustrialisation/global shift of industry

A

People lose their jobs -> no longer have a source of income -> causes a spiral of decline as affluence decreases -> government has a smaller disposable income for services

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2
Q

Can the UK adjust to a post-industrial world?

A

Government can subsidise to stop/reverse spiral of decline

Can use SEZs to make derelict land attractive to TNCs

Can improve improve infrastructure to keep TNCs there

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