the changing economy of the uk Flashcards

(10 cards)

1
Q

between 1997-2007 explain why has the uk economy grew strongly and unemployment decreased

A

-investment in new technologies eg computing industries
-university leading to killed workforce

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2
Q

in 2008 the uk entered a recession. GDP decreased and unemployment increased. How did the government change their properties to end the recession

A

-decreasing taxes on good for international trade
-borrowing money

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3
Q

in 2009. The government had to focus on paying off money borrowed during recession and help people find jobs, explain how

A

-cutting spending money on public services to raise money
-providing training for job-seekers to decrease unemployment

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4
Q

give an example of an industry in the primary sector

A

farming

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5
Q

give an example of an industry in the secondary sector

A

manufacturing

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6
Q

give an example of an industry in the tertiary sector

A

retail

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7
Q

give an example of an industry in the quaternary sector

A

education and research

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8
Q

what has happened to the number of people employed in the secondary industries since 2001

A

decreased

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9
Q

what has happened to the number of people employed in the quaternary industries since 2001

A

increased

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10
Q

describe how average working hours have changed since 2001

A

-overall working hours are decreasing
-more people doing part-time jobs and zero hour contracts
-families with both parents full-time working increased

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