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British Culture
Review: EconomyEconomy
Review by Ruth Anderson
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Review
1) Do the English people identify themselves as being part of Europe?
– They have never really identified themselves as being part of Europe
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2) What kind of nation has the UK been from very early times?
– a seafaring nation
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3) Great Britain has also always been what?
• a trading nation
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4) What must Britain do to survive?
• Export services or manufactured goods
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5) Describe two types of labour mobility?
• Geographical– People move to where their work is
needed
• Occupational– Workers changes occupations
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6) What are most of the crops grown in Britain produced for?
• animal feed and fodder
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7) Is Agriculture important in Great Britain?
• Yes
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8) How much land in Great Britain is used for agriculture?
• Three quarters (3/4)
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9) What are the most important crops in Great Britain?
• Wheat and barley
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10) Britain is still a _________________
• Farming country
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11) What direction is Britain’s economy moving?
• It is in decline
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12) The role of the Bank of England is to do what two things?
• Protect the currency reserve
• Maintain the international value of the pound
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13) What is the Exchequer and what does it do?
• It is the body within the U.K. Treasury Department of the government that sets fiscal policy.
• It tries to control the economy.
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End of Economy Review