topic 4A- regenerating places EQ3 Flashcards
whats fracking
the process of drilling down into the earth before high pressure water mixture is directed at the rock to release gas inside. water, sand and chemicals are injected to the rock at high pressures which allows the gas to flow out the head of the well
why have house prices risen in the uk
due to the rise in life expectancy and lack of housing supply
in 2015, how did the UK try to readdress and rebalance the north-south divide
by developing the northern powerhouse 9hs2 is one example)
what do national govs often work with and why
often work with local and regional organizations to ensure infrastructure projects become successful
what’s the key player chambers of commerce?
an association of business people to promote commercial and industrial interests in the community
keys players:
socio-economic groups:
- chambers of commerce
- trade unions
key players:
environmental groups:
-local preservation societies
what are the five major strategies that can be used to regenerate an area
- retail led plans
- tourism and leisure led regeneration
- sports led regeneration
- rural diversification
- culture led regeneration
what can a local government do to create sympathetic business environments for investors (look at power point)
(what govs do to attract investors)
- deregulation and provide tax holidays
- create better infrastructure
- subsidize infrastructure and transport
- giving free or subsidized land
- subsidize building infrastructure
what are the 3 main responsibilities of the local government:
- competing for investment
- local decision making
- regeneration strategies
main responsibilities of the local government: competing for investment
- designating areas for development for domestic and foreign investors ( science parks)
examples: Oxford and Cambridge science parks
main responsibilities of the local government: local decision making
-interest groups pay a key role in decision making about regeneration- often tensions between groups that wish to preserve urban environments and those that seek change. e.g Aylesbury
main responsibilities of the local government: regeneration strategies
- adopting different strategies to attract investments
examples: sports led regeneration- Olympic park
what are science parks used as (MAIN)
a way of encouraging investment
what are science parks,
what does the encouragement lead to
A business support and technology transfer initiative that:
-encourages start up innovation (knowledge based businesses)
-provides an environment where larger businesses can develop close interactions with a particular centre of knowledge .
-formed links with unis
. leads to.
-improvements in infrastructure and services
-improvements in technology
-increase in office spaces
-improvements in higher education
attracts migrants (e.g elite students)