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The Changing Economic World: Economic Development in the UK π¬π§ GCSE Geography Learning & Revision
Manage episode 482821324 series 3139505
This episode explores the shifting landscape of the UK's economy.
It identifies de-industrialisation, marked by a decline in manufacturing and trade in the north, as a significant factor.
Globalisation is presented as another key driver, fostering international communication and enabling businesses to seek lower costs overseas.
Finally, we highlight the influence of government policies, contrasting the UK's privatisation efforts in the 1980s with France's continued state ownership in various industries.
These interconnected elements are shaping the current economic environment in the United Kingdom.
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