UK Economy deindustralised Flashcards

1
Q

Deindustrialisation

A

This is the decline in manufacturing industry and the supsequenct growth in the tertiary and quaternary industry.

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2
Q

First reason why Deindustrailsation happened

A
  • Machines and technology have replaced many people in mordern indsutries, for example in car production.
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3
Q

Second reason why Deindustrailsation happened

A
  • Other countries such as China and Malaysia can produce goods because labour there is less expensive.
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4
Q

Third reason why Deindustrailisation happened

A
  • Lack of investment, high labour costs and outdated machinery made the UK products too expensive.
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5
Q

What happened 2010 onwards

A
  • Improvements to transport infrastructure, for example cross rail link.
  • high- speed rail way connections
  • More investment in manufacturing industries
  • Easier access to loans and finance, helping small businesses
  • Encouraging global firms to locate within the Uk
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6
Q

What is the main reason for a post-industrial economy -

A
  • The use of information technology has transformed the way people live and work. It is one of the main factors in the UKS more to a post-industrial economy.
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7
Q

List some examples for a post-industrial economy

A
  • Computers allow large amounts of data to be stored and accessed quickly
  • The internet enables people to communicate with each other instantly across the world.
  • Technology continues to develop at a rapid pace
    Eg- high-speed broadband.
  • Many people are able to access to the internet with smartphones and tablets.
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8
Q

How have developments in IT affected the UK economy

A
  • Internet access enables many people to work from home.
  • Many new businesses are directly invoeld with IT, manufacturing hardware and designing software.
  • Over 1.3 million people work in the IT sector.
  • ## The uk is one of the world’s leading digital economies, attracting businesses and investment from abroad.
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9
Q

What percentage does the UK sector contribute to?

A

79 per cent of the UK economic output

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10
Q

What was the old economic output in 1948?

A

46 per cent in 1948

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11
Q

What percentage does the service sector account for?

A

10 per cent

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12
Q

How many people does the service sector employ?

A

2 million people

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