London’s Place in the UK Economy (OCR GCSE Geography B (Geography for Enquiring Minds)): Flashcards
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London's % of UK population
London's % of UK population
13%
London's % of UK wealth generated
London's % of UK wealth generated
22%
Nickname for Old Street Roundabout tech area
Nickname for Old Street Roundabout tech area
Silicon Roundabout
Year London's faster economic growth began
Year London's faster economic growth began
1997
Year economic crisis widened regional gap
Year economic crisis widened regional gap
2008
London's growth share: 1997-2007 to 2008-2011
London's growth share: 1997-2007 to 2008-2011
Increased from 20% to 30%
Clustering (geography term)
Clustering (geography term)
Similar businesses locate close together for mutual benefit
Hi-tech industry definition
Hi-tech industry definition
Tech-based businesses: software, internet, digital companies
Major tech firms invested near Old Street
Major tech firms invested near Old Street
Facebook and Google
Economic divide definition
Economic divide definition
Gap between London's output and other UK regions' output