United Kingdom - Changing Economic World - Paper 2 Flashcards
What is deindustrialisation?
The decline of a country’s traditional manufacturing industry due to exhaustion of raw materials, loss of markets snd competition from NEE’s.
What is globalisation?
The process which has created a more connected world, with increases in the movements of goods (trade) and people (migration and tourism) worldwide.
What are government policies?
A plan or course of action decided by a government to manage issues in a country.
Define trade:
The buying and selling of goods and services between countries.
What is the Commonwealth?
A voluntary association.
How many sovereign states are in the Commonwealth?
53 independent and equal sovereign states.
How many citizens is the Commonwealth home to?
2.2 billion.
What are member states of the Commonwealth united by?
Language, history, culture and their shared values of democracy, human rights and the rule of law.
How many European countries are in the European Union?
28
What was the EU formed for?
To reduce trade barriers and increase cooperation among its members.
What is industrial structure?
The relative proportion of the workforce employe in different sectors of the economy.
What are 4 clear differences in the north south divide?
-Health conditions
-House prices
-Earnings
-Political influence
What is primary industry?
Extracting raw materials from the natural environment (eg mining and farming)
What is secondary industry?
Taking raw materials produced by the primary sector and processing them into manufactured goods and products.
What is tertiary industry?
Involves the selling of services and skills.
What is quaternary industry?
Consisting of industries providing information services such as computing, ICT and Research and Development.
Describe the change in employment in primary industries in the UK:
In 1750, percentage employed was 55%, by 2000 it had decreased significantly to just 3%.
Describe the change in employment in secondary industries in the UK:
The % of people employed in secondary industries peaked in 1900 at 61%. This declined dramatically by 2000 when just 24% of people were employed in this sector.
Describe the change in employment in tertiary industries in the UK:
They remained low between 1750 and 1900 ranging between 16% and 24%. From 1900 onwards, people employed in this sector dramatically increased from 24% in 1900 to 68% in 2000.
Describe the change in employment in quaternary industries in the UK:
It had only began to increase. It was non-existent in the years before 1950, and from then until now it has increased by 10% but rapidly.
Give one advantage of triangular graphs:
They are useful for showing patterns.
Give one disadvantage of triangular graphs:
They only work with a very limited range of data.
What are the 6 main causes of deindustrialisation?
-Increasing cost of production (wages and environmental regulations
-Globalisation - competition from low wage/ regulation NEE countries
-Declining investment leading to less competitiveness
-Changing government policies (nationalisation to privatisation)
-Cycle of decline
-Increasing competitiveness of tertiary industries thanks to education and technology
How many coal mines in the UK has deindustrialisation led to the loss of?
30,000