UK Economy Flashcards

(20 cards)

1
Q

Why did UK manufacturing decline?

A

Cheaper overseas competition (Asia), mechanisation, rising labour costs. Fell from 40% (1970) to <10% (2010) of employment.

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2
Q

How has globalisation affected the UK?

A

TNCs like Nissan (Sunderland) operate here; jobs outsourced (e.g., call centres to India).

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3
Q

Key UK government policies since 1945?

A
  • 1945–1979: Nationalisation (coal, railways).<br></br>- 1979–2010: Thatcher privatisation (BT, British Gas).<br></br>- 2010+: Northern Powerhouse, green energy.
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4
Q

What is a post-industrial economy?

A

Shift to services (80% jobs) and quaternary sector (IT, research).

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5
Q

Case Study: Cambridge IT hub

A

1.3M IT jobs; e.g., cybersecurity, app development. British Antarctic Survey (£30B/year research).

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6
Q

Case Study: Southampton Science Park

A

Hosts Fibercore, Symetrica; near M3/University of Southampton. Offers labs/business support.

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7
Q

Case Study: Cobalt Business Park (Newcastle)

A

UK’s largest; hosts P&G, Siemens; low rent, skilled workforce, near A1/airport.

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8
Q

Negative industrial impacts?

A

Pollution (air/land), deforestation, quarry scars (e.g., Tor Quarry – now sustainable).

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9
Q

Case Study: Tor Quarry sustainability

A

5M tonnes limestone/year; rail freight, wildlife habitats, water recycling.

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10
Q

Rural growth: South Cambridgeshire

A

Commuter belt for Cambridge; villages like Cambourne grow due to jobs/schools. Challenges: House prices, traffic.

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11
Q

Rural decline: Outer Hebrides

A

Remote islands; youth leave for mainland jobs. Challenges: Poor transport, few jobs.

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12
Q

Case Study: A303 ‘Super Highway’

A

£2B upgrade (Stonehenge tunnel); cuts congestion to Devon/Cornwall.

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13
Q

Case Study: Crossrail (Elizabeth Line)

A

Links Reading-Heathrow-London-Essex; +10% capacity, £42B economic boost.

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14
Q

Case Study: Liverpool2 port

A

£400M terminal; handles mega-ships, boosts northern trade.

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15
Q

Heathrow expansion pros/cons?

A
  • Pros: 70,000 jobs, 700K flights/year.<br></br>- Cons: Noise, pollution, village destruction.
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16
Q

Causes of the North-South divide?

A

Deindustrialisation (e.g., Sheffield), London/EU proximity, uneven investment.

17
Q

Strategies to reduce the divide?

A

HS2, Northern Powerhouse, Enterprise Zones (tax breaks), local transport funding.

18
Q

UK’s global trade role?

A

5th largest economy; exports cars, pharmaceuticals, finance.

19
Q

Brexit impacts?

A

Lost EU trade deals/mobility; now negotiates own (e.g., Australia, Japan).

20
Q

Commonwealth links?

A

56 nations; shared trade/democracy (e.g., Commonwealth Games).