文档介绍:2018/3/15
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Economy of the UK
Falling but still strong
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UK economy: An introduction (1)
the sixth largest economy in the world in terms of GDP in 2009 (America, Japan, China, Gemany, France and Britain).
the third largest economy in Europe after Germany and France.
one of the world's most globalised countries, ranking fourth in one recent survey. The capital, London, is one of the three major financial centres of the world, along with New York City and Tokyo.
The British economy is often described as an 'Anglo-Saxon economy'. It is made up of the economies of England, Scotland, Wales and Northern Ireland. The UK has been a member state of the European Union since 1973.
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UK economy: An introduction (2)
Privatisation of state-owned enterprises under the Government of Margaret Thatcher in the 1980s.
in recent years the longest period of sustained economic growth in every quarter since 1992.
one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remain relatively low.
Features of British economy
The first to have been fullly industrialized
Unable to produce enough food to meet the country’s basic needs.
The British industry being operated by many different types of firms, ranging from the small family business to the great public coporation operating numerous plants.
Th British labour force being remarkably homogeneous.
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Agriculture: Primary Industry
Feature of Agriculture
intensive, highly mechanised, and efficient by European standards;
producing about 2/3 of food needs with only 2% of the labour force. contributing around 2% of GDP;
Agriculture is subsidised by the European Union'mon Agricultural Policy.
British Crops
About two-thirds of the production being devoted to livestock, one-third to arable crops;
main crops: wheat, barley, oats, kale and beans, maize for animal feeds, potatoes and sugar beet;
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Sowing and harvesting, no more work!Bri