economic development uk Flashcards

1
Q

what changes are there in the economy?

A

from manufacturing to services. ( primary/secondary has to declines to tertiary/quaternary)

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2
Q

Reasons for economic change

A

De-industrialization
globalisation
government policies

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3
Q

de-industralisation

A

industry has declined due to automation leading to job losses in mana industry

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4
Q

globalisation

A

manafa is cheaper abroad so competition causes decline in this industry
-marks and spencer manfacture in china and india
-quaternary TNCs have moved to the uk (apple , employs 6500 people)

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5
Q

government policies

A

-government promotes businesses through tax breaks
-privatisation of manfacturing industries leading to job losses
- policies with World Trade organisation has made it easier to move manufacturing overseas

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6
Q

improving transport infrastructure

A

-Electrification of railway between london and bristol
-Proposed HS2 links london to Manchester allowing faster journeys
-expansion of heathrow airport - new runway in the SE - 700 extra flights a day
-Liverpool2 port

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