Changing Economic World : United Kingdom Flashcards
(170 cards)
Define deindustrialization
decline of a country’s traditional manufacturing industry due to exhaustion of raw materials, loss of markets and competition from NEEs
Define commonwealth
53 independent countries and sovereign states, mostly former territories of British Empire
Define European Union
international organisation of 28 European countries, formed to reduce trade barriers and increase cooperation
Define globalisation
more connected to world which increase trade, tourism and migration
Define industrial structure
proportion of workforce in different sectors
Define north south divide
economic and cultural differences between Southern England and Northern England
What differences are there in the north south divide?
health conditions
house prices
earnings
political influence
Define tertiary industires
economic activities that provide services
Define trade
buying and selling of goods and services between countries
Define government policy
plan or course of action for country decided by government
Define quaternary industry
providing information services like research and computing
Define primary industry
extracting raw materials
Define secondary industry
processing raw materials to produce manufactured goods
What has caused economic change in UK?
- government policies
- deindustrialization
- decline in primary and secondary
- increase in tertiary and quaternary
- globalisation
- decline of traditional industrial base
What has caused deindustrialisation?
increasing cost of production
globalization
declining investment
changing government policies
cycle of decline
competition for tertiary due to education
What caused deindustrialisation in the UK?
government policy privatised coal mining and steel
When did deindustrialisation occur in the UK?
1980s onwards
How many coal mines shut in the UK due to deindustrialisation?
30,000 coal mines closed
How many jobs were lost in Port Talbort in Wales?
15,700 jobs lost
- due to cheap Chinese imports
Why were jobs lost in Port Talbort?
globalisation
- cheap Chinese imports
What was the effect of deindustrialisation in the UK?
low incomes + de-multiplier effect
Give examples of UK suffering deprivation due to loss of jobs in industry
inland Cornwall
Sunderland
What industries occurred in Northeast coalfields before deindustrialisation?
coal mining
ship building
iron and steel
chemicals
Which parts of UK have been most effected by deindustrialisation?
North east