The Distribution of Economic Wealth (Leaving Cert Geography): Quizzes

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Economic Development in Ireland: Case Study
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What economic strategy did Ireland focus on in the early years after independence?

Import substitution

By 1950, what percentage of Irish exports were directed to the UK?

90%

What corporation tax rate on exports was introduced post-1960s to attract investment?

0%

In what year were tariff barriers removed in Ireland?

1960

What term describes the 1960-1989 phenomenon where old industries declined faster than new ones emerged?

Jobless growth

By 2002, Ireland's GDP per capita had reached what percentage of the EU-15 average?

122%

What was Ireland's GDP per capita as a percentage of EU-15 average in 1960?

63.2%

During which period did the Celtic Tiger phenomenon occur?

1994-2002

What was the annual GDP growth rate during the Celtic Tiger period?

Over 7%

Which industries specialized in Dublin during the Celtic Tiger era?

ICT & financial services

What percentage of GDP did exports account for by 1997?

78.4%

Which component created demand for skilled labour in Ireland's 'Virtuous Circle'?

Foreign clusters

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