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.
The best climate control elevation that clarifies the difference in vegetation and terrain between the two sides of the mountain - the basin floors beyond Leeward side.
The height determines the temperature of the area, which determines the vegetation. As more rainfall is recorded towards the wind, evergreen trees are also found there.
Because water is water. humans need water to survive, so if the water in the bottle is considered to be clean ( without any added chemicals) it is then against our rights.
</span>In 2006, an underwater volcano created a new island near the Tonga Islands. Since then, waves and other forces of weathering have created beaches on the<span>island. These beaches are considered _____ landforms. </span> NOT: primary tertiary
Seychelles is Africa's most developed country. The country's economic growth is mainly driven by tourism. Bolivia is the poorest country in South America. Qatar is growing fast in preparation for hosting the world cup.
