The Changing UK Economy

Cards (29)

  • How has the UK's industrial structure changed since 1800?
    • 1800 - People mainly worked as farmers or miners (primary sector)
    • 1900 - During the Industrial Revolution, people made steel, ships and textiles (mostly secondary)
    • 2006 - Big shift to tertiary sector with an introduction of the quaternary sector.
  • What factors have caused changes in the UK economy?
    Globalisation, Industrial Revolution, Government Policies.
  • How did De-Industrialisation alter the UK economy?
    De-Industrialisation was caused by the increased use of machines and technology, replacingmany people, as well as other countries producing cheaper good due to lower labour costs. This lead to a shift to the tertiary sector in the UK.
  • What is De-Industrialisation?

    De-Industrialisation: The decline of traditional services, e.g manufacturing.
  • What is Globalisation?

    The process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and ideas.
  • What has Globalisation allowed the UK to do?
    • It's allowed people to work on global brands in the quaternary sector due to improved communication and sharing of ideas.
    • Increased world trade and cheaper imported products have lead to the decline in manufacturing in UK.
    • Globalisation has lead to an increase of jobs in the tertiary and quaternary sectors.
  • What is a post-industrial economy?
    A post-industrial economy is where the manufacturing industry declines and is replaced by services in the teriary and quaternary sector.
  • Since when is has the UK been in a post-industrial economy?
    Since the 1970's.
  • How has IT helped the UK develop a post-industrial economy?
    Development of IT has been a key factor of the UK's move to a post-industrial economy.
  • What are the factors of the Development of IT in the UK?
    • Internet access has allowed people to work from home.
    • IT sector employs over 1.3 million people.
    • Uk is one of the worlds leading digital economies.
  • How have services and finances aided the development of the UK to a post-industrial economy?
    The UK service sector has grown rapidly since the 1970's, it contributes to 79% of the UK's GDP.
  • What are the factors of service industries and finance?
    • UK is the worlds leading centre for financial services.
    • The financial service sector accounts for 10% of the UK's GDP.
  • How has research helped the UK deelop in a post-industrial economy?
    • The research sector employs over 60,000 highly qualified people.
    • The sector is estimatedto contribute 3 billion to the UK economy.
    e.g: NHS, BBC, Charities, Universities, Environment Agency.
  • What is a Science Park?
    A science park is a group of scientific and tchnical knowledge-based businesses located in a single site. The are often associated with universities, enabling them to use research facilities and employ highly-skilled graduates.
  • What is Southampton Science Park?
    It's a science park including 100 small innovation and science businesses including Fibrecore (manufacturer of optical fibres) and Photonstar (specialising in lighting products)
  • What is Photonstar and Fibrecore?
    • Photonstar - a business based in Southampton science park which specialises in lighting products.
    • Fibrecore - another business based in Southampton science park that manufactures optical fibres.
  • What are the benefits of Southampton Science Park?
    • Excellent transport links - close to M3, Southampton international airport, and rail links.
    • Excellent links with University - allowing them to use research facilities and employ highly-skilled graduates.
    • Attractive location with green areas.
  • What is a business park?
    A business park is an area of land occupied by a cluster to businesses, usually located along the edges of towns.
  • Where are business parks usually located? Why?
    Located on the edges of towns:
    • Cheaper land and more available.
    • Better access with less congestion.
    • Businesses can benefit from working together.
  • Where is Cobalt Business Park?
    Newcastle-upon-Tye.
  • Cobalt business park is the Uk's largest business park, with facilities including retail outlets and a fitness centre.
  • What are the benefits of Cobalt business park?
    • Park is next to A19, and A1, it's also only 20 minutes away from international airport.
    • Businesses in park qualify for government assistance.
  • What companies are found at Cobalt Business Park?
    Siemens, IBM, Santander.
  • What impacts has industry had on the environment?
    • Manufacturing plants look dull and affect the visual effect of landscape
    • Industrial processes and waste water can cause air, water, and soil pollution
    • The transport of raw materials and manufacturing products increase levels of air pollution
  • What are the impacts of quarrying?
    • Pollute water courses
    • Scar landscapes
    • Destroy natural habitats
  • What is Torr Quarry?
    A limestone quarrry in the Mendip Hills. It employs 100 people and contributes over 15 million pounds to local economy each year.
  • How is industrial impact being reduced in Torr Quarry?
    • Restoring old quarrying sites to create wildlife lakes for recreation
    • 200 acrs of land has been restored
    • Regular monitoring of noise, vibration, and airbourne pollution.
    • Rail transport minimizes the impact on local roads and villages
  • South Cambridgeshire
    • Large numbers of highly skilled people
    • 80% car ownership causes traffic congestion
    • Lack of affordable housing
    • High petrol prices
    • Young people cannot afford to live in the area
    • 21% employed in high-tech services
  • Outer Hebrides
    • Population of 27,000 declining due to limited employment opportunities, lack of access to services, lack of internet, lack of educational opportunities
    • Many young people moving away leading to an aging population with fewer young people to support them
    • School closures due to school attendance numbers falling
    • Has been an increase in tourism however current infrastructure cannot support the scale of tourism needed to provide an alternative source of income