Changing Economic World : The UK Flashcards

1
Q

UK economic futures : Traditional manufacturing industries

A

Ship building
Textiles
Steel

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2
Q

UK economic futures : Financial sector

A

Tertiary sector
City of London
10% of UK GDP
employs 2 million
supported by IT

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3
Q

UK economic futures : R&D sector

A

Part of quaternary sector
Employs highly skilled people
worth £3 billion
Example ARM
-CPU (mobile computing) designers
-headquartered in Cambridge
-built in CHINA

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4
Q

UK economic futures : British Antarctic survey

A

Links to Cambridge
Employs 500 highly skilled workers
Involved with cutting edge technology to understand the earths systems => climate change, ocean ecosystems + fisheries and their impacts

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5
Q

UK economic futures : Science parks

A

They are a group of scientific and knowledge-based businesses located on single site
-located on edge of university cities
-bring world of business and education together
-high tech research attracts investment into the UK economy
-75,000 work in science parks
-include services for financial and marketing aid

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6
Q

UK economic futures : University of Southampton science park

A

-Links to the university of Southampton
-contains 100 small science and innovation businesses
Businesses include
Symetrica :
Specialising in gamma-ray spectrometers with close links to the universities department of astrophysics
Benefits
-Excellent uni links
-Attractive location
-Excellent transport links
-Services such as meeting rooms, nurseries, fast broadband and health care

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7
Q

UK economic futures : Business parks

A

-Often located on rural-urban fringe
=> modern industrial estate as land is more available and cheap
-light manufacturing
-services
-lots of shops (department stores)
-Space is plentiful but transport links are good

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8
Q

UK economic futures : Cobalt Business parks

A

-Largest in UK
-Retail + recreation (fitness & greenspaces)
-20 minutes to international airport
-close to A1
-Coast and countryside => work life balance
-1.1 million in catchment area
=> talented workforce options
-low staff turnover (people like working there)
-Community events
-works with quorum business park

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9
Q

UK economic futures : quarrying basic info

A

A quarry is an open mine
they
-create jobs and mine material
-generate dust particulates which cause long term lung damage
-harms tourism (permanent scar on the land)
-causes huge traffic due to transport of heavy materials
-produces masses of co2

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10
Q

UK impacts on physical environment : Landfill

A

-uses space
-lowers EQI
-pollutes water basin

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11
Q

UK impacts on physical environment : industry fumes

A

-climate change
-chemicals released into air
-noise pollution

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12
Q

UK impacts on physical environment : Sewage

A

-Water pollution
-damages marine habitats
-drinking water issues (must be cleaned)

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13
Q

UK improving industrial sustainability : Heavy industry

A

-carbon capture
-desulphurisation of coal (prevents sulphur dioxide and nitrous oxides)
-Stricter environmental targets for water quality
-Heavier fines for pollution incidents

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14
Q

REVIST TO SEE IF NECESSARY
UK improving industrial sustainability : Tor Quarry background info

A

In somerset
started 1940s, last till 2040
-100 employed
-£15 million to local economy
-2.5km2 site
-limestone quarry

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15
Q

UK improving industrial sustainability : Tor Quarry Actions being taken

A

-60 acres of site have been landscaped to blend in with surroundings
-Limestone is transported by rail
-decision made to deepen rather than widen the quarry

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16
Q

UK changing rural landscapes : Losing rural locations

A

Outer Hebrides
-poor transport links
{} loop
-low population
=> smaller workforce
=> less opertuinities/services
=> less money in the economy
=> less taxation & lower wages
=> poor infrastructure
=> people move to bigger cities
{} loop as vicious cycle

17
Q

UK changing rural landscapes : Winning locations problems (example)

A

Mid sized towns, South Cambridgeshire
-growing pop => strain on infrastructure
-CO2 emissions => pollution
-More construction & devolpment
-Transport congestion
-Gentrification
=>Demand for job raises
=> higher cost of living

18
Q

UK changing rural landscapes : Contrast growing rural areas with declining rural areas

A

Young moving in for high paying jobs Vs Young moving out due to no jobs (leaving elderly)
-small businesses expanding VS Increase of dependency ratio => closure of businesses.
-Gentrification of area VS not that

19
Q

UK North-South divide : Why

A

-Deindustrialisation hit the north harder than more service focused south
-IT and finance is focused in the south, more suited for post industrial economy

20
Q

UK North-South divide (strategies to reduce) : Transport improvements HS2

A

HS2
-£72 billion
-London to Manchester
-40 minute travel time reduction
-satiates growing demand for rail travel
however
-massive relocation
-Only helps city people

21
Q

UK North-South divide (strategies to reduce) : Transport improvements Liverpool 2

A

Liverpool 2
New container port
£300 million
Doubles port’s capacity -1.5 million containers a year
-thousands of jobs, boost northern economy
-reduce road traffic

22
Q

UK North-South divide (strategies to reduce) : Foreign investment example

A

1984, Nissan relocating to factories to Tyne & wear

23
Q

UK North-South divide (strategies to reduce) : Northern powerhouse

A

government spending/investment focused in the north
Relocation of government companies (BBC)

24
Q

UK North-South divide (strategies to reduce) : Devolution & LEP

A

Mayors have more power in the north
-therefore Local enterprise partnerships easier
LEPs are where local government and business work together to improve working conditions and profits

25
Q

UK North-South divide (strategies to reduce) : LEP example

A

Aire valley, leads
-Largest manufacturing sector outside of London
-160,000 jobs
-Motorway access to leads city centre