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Changing Spaces; Making Places

Players driving economic change at different scales

  • 2 things to know
  • Component 02

Overview

Recall questions on the players in place change, the powers of local and national government, enterprise zones, multinational corporations and Honda's closure in Swindon, international institutions and loan conditions, development corporations, universities and trade unions, and why players come into conflict.

What you need to know

Answer each one before you reveal it.

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Key term

Why do the location decisions of multinational corporations have such power over places?

Numbers

What is a development corporation, and what powers does it have?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    Define the term player in the context of place change.

    Model answer

    A player is an individual, group or organisation with an interest in a place and some ability to influence how it changes.

  2. 2

    Name four categories of player that drive economic change in places.

    Model answer

    Local government, national government, multinational corporations and international institutions.

  3. 3

    Which powers allow local government to shape economic change in a place?

    Model answer

    Control of planning permission and the local plan, ownership and compulsory purchase of land, business rate relief, and the provision of transport, housing and town centre schemes.

  4. 4

    How does national government drive economic change in places?

    Model answer

    Through taxation and public spending, infrastructure investment, industrial strategy, designations such as enterprise zones and freeports, and regulation of trade, energy and immigration.

  5. 5

    What is an enterprise zone?

    Model answer

    An enterprise zone is a designated area in which firms are offered incentives such as business rate discounts, simplified planning and capital allowances in order to attract investment.

  6. 6

    Why do the location decisions of multinational corporations have such power over places?

    Model answer

    A single investment can create thousands of direct and supplier jobs and reshape a local economy, but the decision is taken at headquarters against global criteria, so the place has little control over it and can lose it just as suddenly.

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AThe lower quartile is the 2nd value, 11 cm.
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