1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimulka [17.4K]
3 years ago
14

How are the UK and Irish economies alike and different

Geography
2 answers:
Arte-miy333 [17]3 years ago
7 0
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.

AlekseyPX3 years ago
3 0
They are basically the "same" country.
You might be interested in
Select the natural regions.
aleksley [76]

<u>Answer</u>:

Delta, Forest, Plateau and stream are the natural regions.

<u>Explanation</u>:

Delta is the old stage of the running water landforms which is created at the mouth of the river. Forest is a group of trees formed in densely manner and Plateau is the landform which took several milion years to form. Stream is the running water system which originates from the glacial or mountain. Denver is one of the cities in the Colorado state and Georgia is a state in USA which is created by man made activities. North America comes under the category which is delineated by the humans.

8 0
3 years ago
Analyze the map below and answer the question that follows.
Vsevolod [243]

Answer:1 pacific ranges 2 Great Basin 3 Rocky Mountains 4 Great Plains 5 coastal plains 6 Appalachian mountains

Explanation:

3 0
3 years ago
Read 2 more answers
Complete the following paragraph about the development of the study of geography. The earliest maps date back to times from whic
Crazy boy [7]

Answer:

where is the paragraph

Explanation:

8 0
3 years ago
Read 2 more answers
The two "fathers" of modern geology lived during the _____.
rodikova [14]
17-1800's 

I know that James Hutton is considered a father of modern geology and he was born during some where in the 1720's so that's the closest answer, also Charles Lydel was born during the late 1790's. 
5 0
3 years ago
What movement of earth is responsible for seasonal changes?
solniwko [45]
The earth's orbit is responcible
5 0
3 years ago
Other questions:
  • which of the following statements about the effects of migration to countries in different stages of demographic transition is T
    10·2 answers
  • Two sides of a triangle are 7 cm and 13 cm long. The perimeter of the triangle is 30 cm. write an equation that models this prob
    11·2 answers
  • Future skies. as a red giant, the sun will have an angular size in earth's sky of about 30°. what will sunset and sunrise be lik
    11·1 answer
  • How are water systems important part of canada's geography
    11·1 answer
  • During the han dynasty a trade route was built to expand trade between china and the roman emprie
    7·1 answer
  • A satellite orbits the earth. The point in orbit farthest from the earth is the apogee and the point nearest the earth the perig
    8·1 answer
  • What are the clouds that touch down​
    12·2 answers
  • Ln an examination 25% of the candidates
    8·1 answer
  • By what process did the gabbro turn into amphibolite?.
    13·1 answer
  • Identify a boundary that you cross on a daily basis. How are your behavior, identify, and rights are affected by crossing this b
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!