People of the UK (Cambridge)

Question 1

What is the definition of an import?

Answer 1

Products or goods bought into a country

Question 2

What is the definition of an export?

Answer 2

Products or goods taken out of a country

Question 3

What is a trade surplus?

Answer 3

When more is exported than imported

Question 4

What is a trade defecit?

Answer 4

Where more is imported than exported

Question 5

What percentage of the UK’s exports is services and goods?

Answer 5

80% services
20% goods

Question 6

What is a free trade deal?

Answer 6

Where there are no tariffs and quotas so its free with no extra cost to trade

Question 7

What is a primary sector job?

Answer 7

Harvesting of raw materials from nature (e.g. mining)

Question 8

What is a secondary sector job?

Answer 8

Conversion of raw materials into something more valuable either by addition of parts and/or time(e.g. car assembly)

Question 9

What is a tertiary sector job?

Answer 9

The selling of services and skills, as well as goods and products from primary and secondary industries(e.g. teacher)

Question 10

What is a quaternary sector job?

Answer 10

Industries providing information services which requires a high level of education(e.g. medical researcher)

Question 11

What is the Gini Coefficient?

Answer 11

A measure of inequality

Question 12

What is the value of perfect inequality?

Answer 12

1

Question 13

What is the value of perfect equality?

Answer 13

0

Question 14

What are the 4 key reasons for uneven development in the UK?

Answer 14

1. Geographical location
2. Economic change
3. Investment in key infrastructure
4. Government policy

Question 15

What is the North-South divide?

Answer 15

The difference in household wealth between the north and south of England.

Question 16

What fraction of British income comes from London?

Answer 16

One fifth

Question 17

How much has Cambridge’s biotech and science sector grown by from 2000 to 2017?

Answer 17

£14.7bn

Question 18

How many of the world’s largest corporations have established operations in Cambridge?

Answer 18

25

Question 19

How high are the house prices in Cambridge?

Answer 19

Average price is £440,000, 13x the median salary of £34,000.

Question 20

How many days on average does a Cambridge driver spend in traffic?

Answer 20

23 days

Question 21

What is the Gini Coefficient in Cambridge?

Answer 21

0.46 (UK’s most unequal city), 1 in 10 earn £150 a week

Question 22

What is the population of Cambridge?

Answer 22

125,000

Question 23

What is the average income in Cambridge?

Answer 23

South Cambridge: £714 per week
Norwich in comparison:£548 per week

Question 24

What is the annual business turnover per year?

Answer 24

8.7%

Question 25

How much money has been invested into the CB1 development?

Answer 25

£700m

Question 26

How much percent has house prices increased by in the last 15 years?

Answer 26

+65%

Question 27

What are the main reasons for the Cambridge housing crisis?

Answer 27

1. Enormous economic growth. Lots of people coming to Cambridge
2. Lots of housing limitations around historic city centre
3. UK housing industry notoriously slow

Question 28

What are 3 challenges Cambridge faces due to economic growth?

Answer 28

1. Housing
2. Traffic
3. Waste

Question 29

What are 5 solutions to Cambridge’s traffic problem?

Answer 29

1. Cambridge North Station
2. Guided Bus Way
3. Cycle infrastructure in Cambridge
4. Expensive parking in town
5. Park and Ride

Question 30

How many students are there in both of Cambridge’s universities?

Answer 30

25,000

Question 31

How much money does tourism generate per year for the local economy?

Answer 31

£350 million