PM Theresa May Conference speech Extract Part 9

The video discusses the importance of creating a fair economy where everyone plays by the same rules. It highlights the need to address structural challenges like affordable housing and infrastructure investment. A new industrial strategy is being developed to support strategic industries and promote economic growth. The focus is on identifying key sectors and regions that can drive job creation and prosperity. Initiatives like the Northern Powerhouse and Midlands Engine are already showing positive results in regional development.

What is one of the structural problems mentioned that needs to be tackled to ensure a fair economy?

• Excessive government spending

• Lack of technological advancement

• Shortage of affordable homes

• High unemployment rates

What is the main goal of the new industrial strategy discussed in the video?

• To increase government control over the economy

• To identify and promote industries of strategic value

• To reduce taxes for all businesses

• To support failing industries

Which of the following is NOT mentioned as a sector of strategic importance?

• Financial services

• Retail

• Aerospace

• Life sciences

What initiative is credited with increasing foreign direct investment in the north?

• Midlands Engine

• Eastern Expansion

• Northern Powerhouse

• Southern Strategy

Which region is noted for having a trade surplus with China?

• West Midlands

• North West

• South East

• East Anglia