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British Culture

Review: EconomyEconomy

Review by Ruth Anderson

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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