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
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