gcse economics - how we live - regional inequalities
Within the UK there are many different types of regions. Some are quite wealthy others are quite poor in comparison, therefore the standard of living will vary between regions
| EXAMPLE: | ||
South East |
North |
|
| Average Wage | £400 per week |
£320 per week |
| GDP per person | £20,000 |
£14,000 |
| Unemployment rate | 2.9% |
8.4% |
| % of houses with computers |
88% |
80% |
| GCSE’s per person | 7 |
6 |
| Cars per Family | 3 |
2 |
| Average house price | £180,000 |
£110,000 |
ACTION
A In what ways does the South East have a higher standard of living than
the North?
B Can you think of any problems that the South East might have?
C Do you think that every individual in these areas has the same standard
of living?
REGIONAL POLICY
Government policy that attempts to readjust regional economic imbalances
- Government invests money into struggling areas e.g. roadbuilding project
- Government could give grants to businesses who locate in certain areas
- Government could lower taxes for firms willing to come to the area
- Cheaper rent for firms in these areas
- Money could be spent on improving colleges / education to give workers
relevant skills
- Invest in leisure / social facilities to reduce crime
ACTION
D Why is regional policy necessary in the UK?
E Why does regional policy have an opportunity cost?
SMART
THINKING
F How could Government investment ‘trigger off’ a multiplier effect
These GCSE Economics revision notes have been kindly provided by Peter Davies of Mill Hill School, Ripley Keep Up-todate with your GCSE Economics - Subscribe Free to Economics in the News by Email
|
© Tutor2u Limited All Rights Reserved. All materials published on www.tutor2u.net are protected by copyright and may not be reproduced in part or in whole, for whatever reason, without the prior written permission of tutor2u. The use of tutor2u content for commercial gain of any kind is strictly forbidden. We reserve the right to take legal action against any party or parties found to have breached our copyright. Damages and other remedies are available to us in respect of copyright infringements. About tutor2u tutor2u is a leading publisher of e-learning resources for Economics, Business, Politics and related subjects. Our materials are used by over 3,500 schools and colleges in the UK and in educational institutions in over 85 other countries. tutor2u was named Online Learning Resource of the Year at the prestigious BETT Show - the World's leading educational show. |
Privacy & terms of Use |
Contact us |
Teacher Newsletters & Subject Blogs |
