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Copy of Britain - The economy and everyday life

Enstehung der Alpen
by

Gabriel Althaler

on 21 November 2013

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Transcript of Copy of Britain - The economy and everyday life

The economy and everyday life
Britain
earning money - working life
working organizations
public and private industry
Using money: finance and investment
Spending money: shopping
British attitude due to work
- lack of enthusiasm
- leisure as main outward sign

Is Britain a fair country?
inequality in Britain:
"The one thing the English will never fogive the Germans for is working to hard" (George Mikes)
manual workers - blue collar
non-manual work -
white collar
ways in which people look for work:
> through newspaper (national and local ones)

> through the local job center (government service)

> through privately-run employment agencies (small charge)
gpg = difference in percentage, how much man earn more than women
Confederation of British Industry (CBI)
...most employers belong to it...

...quite influential in the advices to the trade unions and the government...
Trade Union Congress (TUC)
...main organization for employees

...membership declined
National Farmers Union
...agricultural employers and independent farmers
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Why joining a union (benefits):

- financial advices
- better payment
- insurance deals
- training opportunities
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- poor performance after
World War Two

1945 - 1980 trend was to control more and more

- State-owned companies turned into companies owned by individual members

- de-nationalized or privatized
1980: let the market force rule
negative effects:
contribution to the widening gab between rich and poor
job losses (mass unemployment)
no social purpose
x in 1970 one of the most equitable distribution of wealth in Europe

x nowadays the gap between rich and poor is the widest since the Second World War
The distribution of wealth
Why invest in the British market?
- preference for continuity and tradition
- emphasis on personal contact
- atmosphere of stability and personal trust
1.00 Euro - 0.838139 GBP
one of the most commonly converted currencies

- Sterling Area
not very adventurous shoppers


not a high demand on creative shopping windows
supermarkets and hypermarkets are flourishing

boom in online shopping

high streets = lots of local shops, effected of the out-of-town shopping

charity shops

central streets - reserved for pedestrians
- various kind of food
- main business = newspaper, magazines, sweets and tobacco
corner shops:
opening hours
former tradition of early closing day

group of various Christian churches against consumer (working women)
flexibel opening times
GDP

Gross domestic products
Full transcript