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Economic change ,England case study - Coggle Diagram
Economic change ,England case study
uk's changing economy
services-retail and entertainment
finance- London home to global financial institution
information technology - companies like Microsoft and IBM (international business machine)
3 main causes
de-industrialisation,
industrial base declined from increased automation led to job loss
other country's produced goods cheaper forced some UK industry to close
globalisation,
manufacturing moved overseas costs lower
tertiary and Quaternary operation moved to uk
trade with other countries is an increasingly important part of uk gpd
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changes in employment
primary industries decreased and tertiary industry increased because of de-industrialisation and growth of knowledge industry
secondary industry peaked in the industrial stage of development because of the industrial revolution
Quaternary sectors have increased and secondary sectors have decreased because of a shift in manufacturing,cheaper to produce in foreign country's
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