Industrial Revolution 2

Locational Factors:

Raw Materials

Transport - Sea, Rivers, Rail, Canals

Labour

Market

Flat Land - Cheap

Historical Market:

British Empire

Heavy Industries:

Aluminium

Iron and Steel

Car Manufacturing

Ship Building

Cement

Chemicals

Government Support

Cheap Labour

Government Subsidies - Government Support:

The government starts chipping in with giving them some money, the government helps so
that all of these people don't lose their jobs - also they companies start depending on the
subsidies

But then Margaret Thatcher stopped all of these subsidies and so deindustrialisation
happened in Wales at a very rapid pace, creating sudden structuralunemployment- her
decision led to the shut down ofBritishcoal and steel

Global Recession - Economic Decline

Deindustrialisation is the decline of the manufacturing industry and the growth of the tertiary and
quaternary sectors.

Globalisation means the industries now compete on a global scale and many countries on a global
scale and manycountriesare producing steel at competitive prices. Sometimes it is cheaper for
companies to look abroad for steel and other manufactured goods.

Almost 500 collieries - coal mining and in 1981 when Margaret Thatcher's ideas came there were
less than 50 left

Coal:

Underground Coal mines in Wales

Coal can be imported for cheaper from abroad

Last deep mine in Wales

Circle of Decline:

Checkpower pointon smart

Governments give grants, reduced business rates

This is to make people have more jobs

Sources of Regional Assistance:

European Regional Development Fund

UK Government

WDA - Welsh Development Agency

Working museums

Retail:

They assume people have money to spend on retail

Tourism:

Change things into tourism attractions

Gets money from the government

Manufacturing:

LG was paid 200 million pounds to locate in Wales, so they can create more jobs

Things don't always works out the way people hope they will

Just in Time