uk's changing economy Flashcards

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1
Q

how has research contributed to economy

A

employs around 60,000 people

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2
Q

causes of economic change

A

de-inustrialisation, globalisation, government policy

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3
Q

what is de-indutrialisation

A

decline of a country’s traditional manufacturing industry

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4
Q

what causes de-industrialisation

A

exhaustion of raw materials, loss of markets and competition from NEEs

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5
Q

what is globalisation

A

the world becoming increasingly interconnected as a result of massively increased trade and cultural exchange (DECREASES cost of manufacturing)

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6
Q

what are service industries

A

provide support rather than manufacturing products - largest sector is finance (10% of UK’s GDP)

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7
Q

what do science parks do

A

tap into research
located of the edge of university cities - benefit from transport links and attractive working conditions

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8
Q

what are business parks

A

small group of businesses on a single plot of land.
they are interconnected and work on small scale manufacturing

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9
Q

science park example

A

Cambridge Science Park

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10
Q

impacts of industry on environment

A
  • toxic waste material pollute land and water supply
  • gas and soot emissions from burning coal causing smog
  • landscapes in coal mining areas became ugly
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11
Q

socioeconomic changes in rural landscape - pop growth

A

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

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12
Q

socioeconomic changes in rural landscape - pop decline

A

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

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13
Q

developments in roads

A
  • 100 new road schemes
  • 1300 new miles added to motorway
  • 400 miles of smart motorway developed
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14
Q

railway plans

A

HS2 - connects many major cities from London to Scotland - around £100bn
electrification of Midland mainline between London and Sheffield

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15
Q

seaport improvements

A

annually employ 120,000 people, largest port industry in europe, £300mil investment to a new container terminal at Liverpool 2

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16
Q

impacts of deindustrialisation on N.E England

A

many towns relied on coal industry and thousands left unemployed

17
Q

what is a footloose industry

A

not tied to heavy raw materials, so they can locate wherever is cost effective

18
Q

what is the M4 growth corridor

A

London to Bristol, the home of high tech industries for 30 years

19
Q

what is the North-South divide

A

the culrtral and economic disparities between North and South England

20
Q

trade

A
  • Trades with many countries Post Brexit in 2021 the UK developed stronger links with countries outside the EU
  • Due to British Empire, the UK still have strong links with other countries.