Impact of Globalisation on the UK Economy

What is one positive impact of globalisation on the UK economy?

• Outsourcing jobs

• High value production

• Less manufacturing

• Inequality

Which of the following is a negative impact of globalisation on the UK economy?

• Economic growth

• Foreign investment

• Outsourcing jobs

• Migration

What is a consequence of cheaper goods and services due to globalisation?

• Higher wages in the UK

• More jobs in manufacturing

• Items produced in low-wage countries

• Increased local production

How does migration positively impact the UK economy?

• Increases outsourcing

• Fills jobs with skilled workers

• Reduces foreign investment

• Increases inequality

What is a result of less manufacturing in the UK?

• More local jobs

• Factories closing

• Increased exports

• Higher wages

Which factor is associated with government policy affecting the UK economy?

• Privatisation

• Foreign investment

• High value production

• Migration

What is a cause of deindustrialisation in the UK?

• Increased local production

• High value production

• Factories shutting down

• Economic growth

What impact did the UK government have on industries in the 1970s and 1980s?

• Increased manufacturing

• Sold industries to private companies

• Reduced foreign investment

• Increased coal production

What is a challenge faced by low-skilled workers in the UK due to globalisation?

• Increased wages

• Easier job negotiations

• Jobs being outsourced

• More job opportunities

What is a positive effect of foreign investment in the UK?

• Increased inequality

• Loss of local jobs

• Introduction of new ideas and technology

• Decline in manufacturing