how can regional inequalities be reduced Flashcards
what are regional inequalities in the UK
wealth is more concentrated in the south of England compared to the north of England
how is the government reducing inequality?
they are devolving power to local authorities in the north.
this means more local issues can be prioritised, new homes can be developed or skilled job opportunities arise that fit the skills of the local population
what is the northern powerhouse for
created to try and boost economic growth, particularly in Manchester, Liverpool, Leeds and Sheffield. It hopes to attract investment and therefore jobs.
how does better transport help
encourages a positive economic multiplier and the creation of investment and jobs.
what is a positive economic multiplier
when extra income is invested into an area causing it to lead to more growth
what is infrastructure building good
Infrastructure spending means more people can access jobs as it is easier to travel around the region.
ghana has a…
poor north, richer south
why is an increase in government spending good
an increase in government spending can create consumer demand. This helps increase spending and growth.
what does ‘Levelling up’ mean
It describes how more spending will be directed out of London and the south-east to increase economic growth in the northern regions.
how does broadband access is good for development
It connects people and businesses and allows for ease of communication