uk's changing economy Flashcards
how has research contributed to economy
employs around 60,000 people
causes of economic change
de-inustrialisation, globalisation, government policy
what is de-indutrialisation
decline of a country’s traditional manufacturing industry
what causes de-industrialisation
exhaustion of raw materials, loss of markets and competition from NEEs
what is globalisation
the world becoming increasingly interconnected as a result of massively increased trade and cultural exchange (DECREASES cost of manufacturing)
what are service industries
provide support rather than manufacturing products - largest sector is finance (10% of UK’s GDP)
what do science parks do
tap into research
located of the edge of university cities - benefit from transport links and attractive working conditions
what are business parks
small group of businesses on a single plot of land.
they are interconnected and work on small scale manufacturing
science park example
Cambridge Science Park
impacts of industry on environment
- toxic waste material pollute land and water supply
- gas and soot emissions from burning coal causing smog
- landscapes in coal mining areas became ugly
socioeconomic changes in rural landscape - pop growth
CAMBRIDGESHIRE:
s - rising house prices, car owning commuters don’t need public transport so services reduce
ec - lack of affordable housing, some shops forced to close
socioeconomic changes in rural landscape - pop decline
OUTER HEBRIDES:
s - migration of young people results in aging pop, more care required, fewer people able to work so agriculture decline, school closures as fewer children
ec - prawn fishing decline, infrastructure struggling to cope with tourism
developments in roads
- 100 new road schemes
- 1300 new miles added to motorway
- 400 miles of smart motorway developed
railway plans
HS2 - connects many major cities from London to Scotland - around £100bn
electrification of Midland mainline between London and Sheffield
seaport improvements
annually employ 120,000 people, largest port industry in europe, £300mil investment to a new container terminal at Liverpool 2