How is devolution in the UK geographically uneven?
Devolution describes the situation whereby the there is a dissolving of power to regional bodies without relinquishing sovereignty. Devolution has been on the consititutional agenda but remerged into the lexicon following when Labour came back into political power in the 1990s. Devolution has occured particularly in Wales and Scotland, however between the two there are disparities. This is particularly present in their financial budget, and their taxation an legislative powers. Wales has a devolved budget of £14bn with few primary legislative and taxation abilities. Comparatively, Scotland has a devolved budget of £33bn with some taxation and legislative powers.
what are the employment oppertunities experienced in the global south?
What define a number of employment oppertunities in the global south is that of informal employment. The International Labour Organisation see that informal employment oppertunites are thsoe that lack basic social or legal protection or employment benefits. The informal sector can be characterised by; ease of entry, indigenous resources, family ownership, small - scale, labour intensitve and unregulated. Many academics and governing bodies see the informal sector as one that is the last option for individuals. A number of variables can cause people to become involved with the informal sector, this may include changing family situations, altered housing situations and a change in financial situation. One particular form of informal employment oppertunities is that of Home- based enterprises (HBE). HBEs represent income generating activities that take part in the home or just outside the home property.
discuss the long run average cost curve
The long run average costs curve (LRAC) represents the cost per unit of output in production. It usually represents the lowest cost of a unit. The LRAC is represented graphically by a curved demand curve on a graph. When the LRAC is downward sloping as output increases we can see there is economies of scale meaning that doubling inputs will double outputs and costs are falling. When the LRAC starts to increase it can be seen that there are disconomies of scale, this describes the situation whereby there is increasing marginal costs with increasing output.