The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.
In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the new Conservative majority government. However, the deficit still remains one of the highest in the G7, standing at 4.1% of GDP as of mid-2016, and Britain has pledged to lower its corporation tax from 20% to 17% by 2020. Britain had a debt burden of 92.2% GDP at the end of 2016.
While the UK is one of the fastest growing economies in the G7, economists are concerned about the potential negative impact of the UK’s vote to leave the EU. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services.
Air rises at the equator, leading to low pressure and rainfall. Global atmospheric circulation creates winds across the planet and leads to areas of high rainfall, like the tropical rainforests, and areas of dry air, like deserts. And for the hazards, Physical removal of the hazard is the most effective hazard control. For example, if employees must work high above the ground, the hazard can be eliminated by moving the piece they are working on to ground level to eliminate the need to work at heights.
European Countries can retain their cultural identities by excelling and polishing what they are good at.
<u>Explanation:</u>
European Countries can retain their cultural identities by excelling and polishing what they are good at. This can be proven by certain examples;
<u>Example 1:</u>
Volkswagen, a German Car manufacturer that is known to make durable cars. Due to its becoming famous during World War II, it has found its success by exporting to other countries and providing cars that were up to the mark and were made using state of the art materials.
<u>Example 2: </u>
Switzerland is known for its cheese. It’s so famous that it’s known all over the world by the name of Swiss Cheese. Swiss cheese has become so famous that it has become an integral part of all types of cuisines all over the world.
<u>Two types of gis data representation method are raster and vector</u>
Explanation:
In a GIS the data that is represented by the pints, line, and polygons is raster data and it's stored in the real world like phenomenon also known as the discrete data.
Raster data is made up of pixel values and attributes that are associated with its color values, data is represented by the grids of cells. Stores spatial data more
Another type of data model being the vector model that focuses on lines, polygons and area points are expressed by the single point reference. For example, cities on a map. A line like the rivers the roads the railroads, trails, and topographic and polygons include the lakes, park boundaries, buildings, etc.
Vector data is most compatible with the relational database environments. Vector file sizes are hence usually very smaller than raster data. Raster data is computationally less expensive as compared to vector graphics. Stores nonspatial data.
