The United Kingdom London is the capital of the United Kingdom. It ranks as one of the world?s most historic cities, tracing its roots back nearly 2000 years. London has long been a great world port and trading center. The port of London consists of two huge docks and 43 miles of wharves along the Thames River. London also has a remarkable transportation system. Expressways, and underground and surface railways carry more than one million commuters between the outlying areas and central London each workday. More than 350,000 commuters travel by subway, about 400,000 take surface trains and more than 100,000 go by bus. About 100,000 people drive their cars to work. The London subway system (the ?tube?), is the largest subway system …show more content…
The amount of people that speak Welsh and Gaelic is minimal, therefore, it is easy to communicate in English. There are several religions practiced among the people of the United Kingdom. 50% of the population belongs to the Church of England, 10% are Roman Catholic, 4% belong to the Church of Scotland; also several other Protestant dominations, Muslims, Hindus and Jews. There is no religious conflict among the overwhelming majority of the population, however, as mentioned earlier, there are some religious tensions in the north among Protestants and Catholics (refer to political stability above). One of the most impressive facts about the UK is its literacy rate. The UK boasts an astonishing literacy rate of 99% (age 15 or over and has completed five or more years of schooling). This literacy rate is evidence of an abundance of skilled workers. With the majority of the UK speaking English and belonging to the Church of England, there is little tension among the UK?s population. The high literacy rate indicates that the population is educated and therefore more tolerant of different religions and races and less likely to resort to violence. All this ensures political stability within the country. The UK has a population growth rate of 0.24%, which is enough to ensure the presence of a fairly nice amount of consumers (note that the …show more content…
The UK is undoubtedly the preferred location for North American investments in Europe. The facts speak for themselves: Over 4,200 US companies, including the vast majority of fortune magazine?s top 100 companies have a UK base. Nearly 40% of all US and 45% of Canadian investment in Europe is in the UK (figures from the US Bureau of Labor and statistics Canada). US investment in Britain amounts to some US $120 billion, more than the combined shares of France, Germany, Italy and the Netherlands. ?All that we expect as a major company is here in the UK.?- Michael Morgan, President and CEO, Starpak inc. When analyzing the various aspects of the United Kingdom, it becomes evident that the UK has many significant advantages over other countries and holds the traits necessary for future expansion. A politically stable and extremely well organized system of government, great relationships and trading arrangements with other nations, tax breaks awarded to new companies and an abundance of skilled workers, are all among the UK?s benefits. The UK is also self-sufficient energy-wise and has a remarkable transportation system. Investing in the UK may be one of the smartest things you have ever done. It is one of the most sound and secure investments available. The best combination of benefits that offer pro-business conditions, work-force cost efficiency and flexibility, minimum risk, and maximum bottom line return are readily available in the
Economic integration is the joining of economic policies between different states/regions. This eliminates tariff and non-tariff barriers to the flow of goods, services and factors of production between the regions. Economic integration has varying levels referred to as trading blocs; these are a form economic integration. A trading bloc is a group of nations that have been made a bilateral or multilateral agreement. There are four types of trading blocs. The least advanced level is the Free Trade Area. The features of this level is that reduced tariff barriers between signatories, which at times are abandoned altogether and there is free movement of labour and capital and the non-member countries have an independent set of tariffs against member countries. The second level of economic integration is the Customs Union. This is a Free Trade Agreement plus a common external tariff. Member countries agree to reduce tariff barriers among themselves and they have in common, this is referred to as tax harmonisation. The Common Market is the third level of trade blocs. This has features of the Customs Union plus free movement of capital and labour and some policy harmonisation such as similar trade policies to prevent certain member countries having an unfair advantage. The European Union is an example of a Common Market and is an economic and political partnership that involves 28 European countries. It allows goods and people to be moved around and has its own currency, the euro, which is used by nineteen of the member countries (The UK excluded). It also has its own parliament and sets rules in a wide range of areas such as transport,...
The European Union cooperation all started with economic integration. Since the beginning of the ECSC in 1952 until now one of the major forces but also one of the major weaknesses of the EU has been their will for a common market and a monetary union. The single market was achieved in 1992 with the entrance into function of the Maastricht treaty. This treaty greatly influenced how states would have to deal with external border control and the free movement of the people because what the Maastricht treaty did was not only opening a single market, but also allowing people, goods and services to move freely across European Union member states. Economic integration has explained by Nevin has usually 5 level which goes from he lowest o he highest level of cooperation. The first level of integration is the preferential tariff which only allows st...
The European Union today is a political and economic entity that controls in a single market located mostly in Europe exploiting Euro as a single currency uniting the vast majority of its members. The market that all European Union members share provides free trade of goods and services as well as a common external tariff. One might argue that the European Union would not perceptible its current influence had it not been for the introduction of the Euro. Speaking of the benefits of the Euro, one can name the elimination of exchange rate problems, creation of a single financial market, providing price stability, low interest rates as well as being a political symbol of unity and commitment to the Union. Today, Euro is the second reserve currency in the entire world - a fact that clearly speaks for itself of its value in the global market.
Over the course of sixty years, the European Union (EU) has evolved to become one of the most economically and politically integrated regions in the world. Compare and contrast the EU with one other major global trading bloc, such as NAFTA or ASEAN, with which you are familiar.
The United Kingdom is in northwestern Europe and includes the countries of England, Great Britain, Scotland, Wales and Northern Ireland. It has a total population of 60,800,000 citizens. Similar to the United States, the United Kingdom has a bicameral legislature. Also in similarity to the President of the United States, there is a Prime Minister who executes the law. However, in contrast, ...
The European Union (EU) is an economic and political union of 28 member states that are located primarily in Europe. The EU has developed a single market through a standardized system of laws that apply in all member states. EU policies aim to ensure the free trade of people, goods, services, and capital, enact legislation in justice and home affairs, and maintain common policies on trade, agriculture, fisheries and regional development.
There are many industries and agricultural products in the UK that contribute to the economy along with the natural resources. Some industries include shipbuilding, machine tools, and many more. Agricultural products produced in the UK include crops such as vegetables and potatoes, and livestock such as poultry and cattle (CIA 10). Approximately 1.4% of the UK’s 32.07 million person labor force is focused in agriculture. Of the remaining percent, 18.2% are in industry, and the remaining 80.4% works in service jobs (CIA 11). The UK’s unemployment rate, fortunately, is relatively low at a mere 8%, with only 14% of the population living below the poverty line (CIA 14). The budget of the UK is approximately $986.1 billion in revenues, and $1.186 trillion in expenditures. This imbalance between income and expenses led to the current national debt of $10.0...
The reason I said England has a big population is because they have about 47,505,000 people living there. The numbers speak for themselves. Most of England’s population is descendants of the original inhabitants. There are Saxons, Angles, Jutes, Scandinavians, Norman French, Scots, Welsh, and Irish. Now commonwealth immigrants are coming from southern Asia. Since there are so many different kinds of people there has been a lot of fighting between them. England’s economy is very strong because of an excellent school system. Their school system is much like ours except they only have to attend school from ages 5 through 16. Although they don’t go to school as long as us they learn things at a faster rate and school involves harder work. The English also play sports. They are very good at soccer, Rugby and cricket. If you don’t know what cricket is its kind of a mix between bowling and baseball.
The EU is a union of sovereign European states who share sovereignty based on treaty. The union also possesses competences in policy sectors with exclusive jurisdiction in the area of Economic and Monetary Union while others are shared with Member States (MS), the other powers belong to MS as derived from the conferral of powers art 5(2) TEU, 2(1) TFEU art.3 & 4 TFEU additionally other powers have been offered by the decisions of the European Court for direct effect on citizens
United Kingdom has been part of the European Union since 1993. EU is both a political and economic agreement between 28 European countries. The idea came after WWII, that when countries are trading with each other, then it is highly likely that war will be avoided. Since then, it has evolved to a single market with free trade and it is as if acting as one country.
The transportation developed new concept known as rapid transit or subway which is a public Underground Railroad usually assembled under cities to travel only inside urban areas. It carries a large group of people long distances in shorter period of times than any roadway vehicles by following shorter lines, taking underwater paths, and avoiding the overcrowded streets. The metro story initially established in London, England where millions of people lived there. Charles Pearson, who suggested to add a principal method of transportation to England, found the support from the government to develop the transportation inside the city in 1843. The construction began in 1860 and it was completed on January 1863.
...T and communications sector in the UK is likely to stay attractive and to increase its share of IFDI. The plans for UK network companies to move to 4G speed only open opportunities for foreign investors. Overall, I believe that foreign direct investment is going to increase within the next 5 years. Even though the manufacturing sector is likely to shrink, IT and business services will make up for the losses. Due to the nature of the UK economy and a high diversity and educated pool of labour, the IT and Business industries are going to expand. UK is already one of the most favourable countries in the world for IT and financial services due to its ease of doing business, the attractive corporate and personal tax environment, the preferred use of both the English language and English law in business operations, and the UK’s involvement in the European Single Market7.
The country that I am doing for my report is New Zealand. New Zealand is made up of two Islands. The north and the south islands. It is located in the south pacific by Australia.
92% of British people live in urban areas while only 8% live in rural areas. Great Britain is completely surrounded by sea, isolating it from the rest of Europe. No part of Britain is far from the sea, which is an important resource for fishing, tourism and ports.
the capital of Scotland is Edinburgh, The capital of Wales is Cardiff, The capital of Northern Ireland is Belfast , and the Capital of England is London. Everyone considers London the Capital of the whole UK.