UK's economic development. Flashcards
(11 cards)
(3)
Why has the UK shifted from the manufacture industry to tertiary and quarternary industries?
- Globalisation
- TNCs moving their tertiary + quarternary services into UK: e.g: Apple. –> 6500 employees in UK (2016)
(3)
How are roads significant to the UK’s economy?
- more roads = more capacity
- More smart motorways = MORE LINKS.
e.g: M25.
(3)
How are railways significant to the UK’s economy?
e.g: HS2 (INTEGRATED TRANSPORT SYSTEM)
- has many links: London to Leeds (much more efficient than taking the M1).
- increased speed of where people want to go.
(2)
How are ports significant to the UK’s economy?
e.g: Liverpool 2.
- new container terminal
- deep
- on the River Mersey.
- 1.5 million containers/ year.
(3)
How are airports significant to the UK’s economy?
- create vital GLOBAL LINKS.
e.g: Heathrow - New third runway at Heathrow –> more jobs –> increase GDP.
(2)
What are the main features of COMMONWEALTH?
- 56 countries
- home to 2.5bn people
(3)
How does the UK benefit from being in the Commonwealth?
- able to have GLOBAL links with the other 55 countries.
- stimulating TRADES.
- > EXPORTS
What is the North-South Divide?
- countries have a difference in the economic and social development in Northern areas / Southern Areas.
How does the Outer Hebrides compare with North Somerset?
Outer Hebrides:
- Rural
- North West
- Pop decreases of -2.2%(27,00 to 26,400)
North Somerset:
- Rural
- South West
- Pop increase of 7.8%( 188,800 to 203,526)
- easier access to Bristol/town centre.
(3)
How does the North ok the UK compare with the South?
- South has BETTER GCSE RESULTS than north
- South has a greater lifespan of 4yrs compared to North.
- South has better pay than north.
(3)
How do Local Enterprise Partnerships boost the regional economy of the UK?
- identifying business needs + promote investment
- provide more jobs
- e.g: HUMBER LEP - 2019 - £582m of investment, supported 13k firms and created over 6k jobs.
