16 Analyse how global competition can lead to de-industrialisation in a developed country.

[Mustafa Khan]

kn]cheaper imports from abroad.
app]for example, companies based in uk sell expansive goods as compared to chinese goods becuae of which general public prefers chinese goods.
an]due to which many companies in uk shut down leading to increase in unemployment, which reduces income levels of individuals, leading to fall in consumer spending, which will effect the gdp and national income.

[Areeba Arshad]

[KN] De-industrialisation happens when a country’s manufacturing sector declines while other sectors, like services, grow.
[APP] For example, factories in the UK may struggle to compete with cheaper products made in low-wage countries such as China.
[AN] This forces local manufacturers to shut down due to higher production costs, leads to job losses in the industrial sector and causes a long-term shift in the economy away from manufacturing toward services.

[Tuqwa]

(KN):Global competition can cause de-industrialisation when domestic industries struggle to compete with cheaper foreign producers.
(APP):For example factories in developed countries like the UK often face competition from low wage economies such as China where goods can be made and sold at much lower prices. As a result UK manufacturers may lose customers and profits.
(AN):This can lead to factory closures and job losses in the manufacturing sector causing the economy to shift towards services instead of industry.

[Daris]

KN: Global competition can lead to de-industrialisation in a developed country because foreign producers can often make goods at lower costs.
APP: For example, factories in the UK may struggle to compete with cheaper goods made in China, where wages and production costs are lower.
AN: As a result, many local factories close down, causing a loss of manufacturing jobs. Over time, workers move into service industries instead, leading to a decline in the secondary sector and growth in the tertiary sector.