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CSMP (Birmingham (Players (Universities (TNCs (Small - Medium sized…
CSMP
Birmingham
Players
Universities
TNCs
Small - Medium sized enterprise
British companies
Central government
Organisation of Petroleum Exporting Countries
Impacts of economic change
British companies crashed after the oil crisis
Unemployment hit 19.4%
Car industry was hit the hardest and the majority worked there
Less money spent in the economy
Small businesses close
Job loss
No one can afford uni
less skilled jobs
Facts
Unemployment was below 1% in one of the biggest cities in the UK before the oil crisis in 1973
Second largest city to London in 2014
(1.1 million)
Earnings fell to the lowest of any region
Barcelona