Assess whether or not the changes in the structure of the UK industry E

Assess whether or not the changes in the structure of the UK industry have been beneficial for the economy, industries and the consumer. Over the past 30 years the structure of the UK economy has been transformed. By this I mean there has been changes in the production and employment between the primary, secondary and tertiary sectors. In 1964, 1,201,000 people were employed in the primary sector. By 1995 there were only 383,000 people employed in the primary sector. This shows a decrease of 818,000 employees over 31 years. This was mainly due to a contraction of output in the coal mining industries, and the collapse of oil prices in 1986, further contributing toward the declining industry. The second change in the structure of the UK industry was a decrease in output and employment in the secondary (manufacturing) sector. A decrease of 6,027,000 employment was recorded between 1964 and 1995. This is deindustrialisation. The final change was in the tertiary sector, where the amount employed had increased by 50%, from 11,178,000 to 16,527,000, between 1964 and 1995. Increasing its percentage of GDP in the UK. Therefore we can conclude that there has been an increase in employment output in the tertiary sector and a decrease in the primary and tertiary sectors. There has also been a shift over the years from public to private sector production, which creates competition, causing lower prices and benefiting the consumer, while contributing to ...