Changing Economic World - UK Flashcards
What is the economic change in the UK?
decrease in the number of people working in the secondary sector, increase in the number of people in tertiary and quaternary sector
jobs.
How is Deindustrialisation a cause of economic change?
The decline of a country’s manufacturing industry due to running out of
raw materials and competition from NEEs. -> so fewer people work in manufacturing
What is Globalisation and how is it a cause of economic change?
The process which has created a more connected world, with increases in the movements of goods and people worldwide
More TNCs who employ people to create the global brand therefore creating more research and development + advertising jobs. Easier transport products so companies manufacture in NEEs rather than the
UK.
What is Government Policy and how is it a cause of economic change in the UK?
A plan or course of action decided by a government to manage issues in
a country
Encouraging tertiary and quaternary sector jobs through helping to set up science and business parks, supporting the building of new shopping centres, encouraging global firms to locate in the UK therefore creating more tertiary and quaternary sector jobs.
How is Information and Technology a cause of economic change?
Use of IT has changed how we can work, companies can locate HQs in the UK and communicate with branches across the world. This creates jobs in management and advertising in the UK.
How is Service Industries and Finance a cause of economic change in the UK?
London is a leading centre for financial services such as banking and insurance.
Companies in the UK are able to operate globally due to improved communication technology.
How is Science Parks a cause of economic change?
Area with many scientific and knowledge based businesses. Often connected to universities so link with their research and employ graduates.
How is Business Parks a cause of economic change?
Purpose built areas of offices and warehouses, often at the edge of a city and on a main road. These parks help encourage tertiary and quaternary sector businesses by grouping together similar businesses so ideas and resources can be shared more easily. They are located in areas that make investment more likely e.g. close to airports/motorways so access is easy.
How has the Jaguar Land Rover been more environmentally sustainable?
- 100% renewable electricity
- Uses off-cuts of aluminium sheets rather than scrapping them -> Zero waste from the manufacturing process is sent to landfill
- Jaguar Land Rover vehicles are 85% recyclable
- Invested £23 million in a host of energy-saving projects e.g. LED lighting and insulation.
How has the Jaguar Land Rover FACTORY been more environmentally sustainable?
New factory near Wolverhampton.
*Built on the site of an outdated factory
*modern appearance
*solar panel roof
*landscaped woodland around the site
*built to maximise the amount of natural ventilation and light needs.
What are the Outer Hebrides’ Economic changes?
Decline in fishing and crofting as no longer profitable, increase in tourism, decline in local businesses and services e.g. post-office and pub as population falls.
Where is a rural area that is facing a social and economic change and how?
Outer Hebrides, Scotland -> declined by over 50% since 1901
What are the Outer Hebrides’ Social changes?
ageing population, fewer services e.g. schools available.
Where is a urban area that is facing a social and economic change and how?
Hagley, Worcestershire -> increased by 1300 people since 2001
What are Hagley’s Economic changes?
house prices risen, average now £419 000, increased average income as wealthy commuters move in, small local shops closing
