the changing economy of the uk Flashcards
(10 cards)
between 1997-2007 explain why has the uk economy grew strongly and unemployment decreased
-investment in new technologies eg computing industries
-university leading to killed workforce
in 2008 the uk entered a recession. GDP decreased and unemployment increased. How did the government change their properties to end the recession
-decreasing taxes on good for international trade
-borrowing money
in 2009. The government had to focus on paying off money borrowed during recession and help people find jobs, explain how
-cutting spending money on public services to raise money
-providing training for job-seekers to decrease unemployment
give an example of an industry in the primary sector
farming
give an example of an industry in the secondary sector
manufacturing
give an example of an industry in the tertiary sector
retail
give an example of an industry in the quaternary sector
education and research
what has happened to the number of people employed in the secondary industries since 2001
decreased
what has happened to the number of people employed in the quaternary industries since 2001
increased
describe how average working hours have changed since 2001
-overall working hours are decreasing
-more people doing part-time jobs and zero hour contracts
-families with both parents full-time working increased