The Place of the UK in the Wider World Flashcards
The Place of the UK in the Wider World
- The UK has the fifth largest GDP in the world.
- The UK is the second largest economy in the European Union.
- In 2016, the UK was the tenth-largest goods exporter and the fifth-
largest goods importer in the world. - In 2015, the UK had the fourth-largest inward foreign direct investment.
In 2013, the UK had the second-largest outward foreign direct investment.
Transport
The UK’s good transport links connect the UK with the wider world. For example:
- Heathrow International Airport is the world’s 6th largest airport with 74,989,795 passengers passing through in 2015.
- The Channel Tunnel provides a vital rail link to Europe, with up to 400 trains passing through each day, carrying an average of 50,000 passengers, 6,000 cars, 180 coaches and 54,000 tonnes of freight.
Cultural Links
The UK is a truly multi-cultural society because:
• The UK has strong historical-links to many countries due to its colonial past.
• The UK has had numerous influxes of migrants from various parts of the world.
• UK governments tend to promote policies that encourage social cohesion and equality.
Trade links
The UK trades globally – especially with the USA, Asia and Europe. In 2016, the UK was the tenth-largest goods exporter (with overseas exports being worth over £250 billion per year) and the fifth-largest goods importer in the world. The UK is a member of the Commonwealth, the IMF, the European Union (until 2019), the G7, the G8 and the G20.
Electronic Communication: First Industrial Revolution
The first Industrial Revolution began in 18th-century Britain with the invention of the steam engine and the birth of factories.
Electronic Communication: Second Industrial Revolution
When Henry Ford invented the assembly line and mass production capabilities, in 1913, the second Industrial Revolution began.
Electronic Communication: Third Industrial Revolution
The internet introduced the third Industrial Revolution, which completely changed the ways in which we live and work.
Electronic Communication: Fourth Industrial Revolution
Now, experts believe we are starting on the fourth Industrial Revolution - the rise of digital lifestyles. The driving force behind this is the rise of the smartphone (four out of five UK adults now have a smartphone - equivalent to 37 million people). Mobile operators are always looking for ways to innovate and make life easier, safer and smarter for everyone.