Fishing industry provides 55% of the UK demand for fish.
Coal (for more than 300 years) Oil and gas (discovered under the north sea,1970s) once self-sufficient ; net importer in 2014 Renewable resources bioenergy, wind, solar
economy
1. Why was it dominant by the 1880s.?
With what? 2. Why was it overtaken by US and Germany?
time 1900
3. Why did we say “relative decline?”
UK US Germany
5. The romantic period William Wordsworth Byron, Keats and Shelly Jane Austen
2nd largest exporter 3rd largest importer
10th largest exporter 6tLeabharlann largest importer
(Commercial service)
(merchandise)
II absolute decline or relative decline?
The UK economy
Unit 5
Economic situations of three nations
$17.7
I. UK economy status
Developed Capitalist Country
sixth
G7, G8, G20 World Trade Organization
Negative facts in UK’s position
Debt
Gone empire
Military expense
Older industry
Investment
Low rate of domestic industrial investment
Very high rate of overseas investment
1. Review: read related unit thoroughly and finish exercises. 2. Your voices: • divided into four groups with assigned contents of literature part • everyone in the group should speak in front of the whole class in limited three minutes. • your performance will be recorded as one part of final grade.
Secondary industry
Tertiary/service industry Banking Insurance Tourism Selling goods
Complex goods from primary products
1. Primary industry
Agricultural Fishing Energy production (oil, gas, coal, renewable energy)
the two commonest: wheat and barley
Cattle
Producing 58% of the UK’s food needs
Best agricultural land: South-east of England.
¾
of its land is used for agriculture
outline
1. Medieval age Geoffrey Chaucer 2. The Renaissance William Shakespeare Francis Bacon 3. The period of revolution and restoration John Milton 4.The age of Enlightenment Daniel Defoe Jonathan Swift Robert Burns 6. The Victorian Age Charles Dickens Bronte Sisters Thomas Hardy 7. The 20th Century Virginia Woolf
2. Secondary industry
All major fields of manufacturing industry Particularly strong in pharmaceuticals, chemicals, aerospace and food and drink
3. Service industry
Spectacular growth Domestic, International With 70% of the UK’s workforce “The City”(London Stock Exchange)
• Why do China encourage the development of the service industry?
One Characteristic of UK economy
Not an absolute decline: though it has improved, other countries have improved more rapidly.
III. Recent history
1948 establishing the first welfare state
1973
1979
policies Reduced bureaucracy privatization
oil crisis
Margaret Thatcher
Unemployment
IV Current UK economy
Primary industry Agriculture Fishing Mining