Identities of Cardiff, Wales, UK by quantitative evidence Essay

Identities of Cardiff, Wales, UK by quantitative evidence - Essay Example Of that total population two-thirds (210,000) are of working age and one-third (110,400) are dependents - children under fifteen, women over the age of 60 and men over the age of 65. In contrast, in Wales outside of Cardiff, a lower percentage of the population is still in the workforce. A mere 1,586,000 or 60% of the population is in the workforce, while 40% are classified as dependents. These means that there are more dependents per thousand workers in Wales than there are in Cardiff. Moreover, in Cardiff dependent children outnumber dependent adults while in the remainder of Wales dependent adults outnumber dependent children. Overall, therefor the population of Cardiff is younger than the population of Wales as a whole. In Cardiff a greater percentage of the population is still in the workforce and dependents about to enter the workforce outnumber dependents who have left the workforce. The general fertility rate in Cardiff is slightly lower than that in the remainder of Wales. The figure per thousand women in Cardiff is 57.2: Slightly less than the Welsh national figure which is 59.4. In the aggregate there are only limited differences between the two areas. However, if birthrate is analyzed by age distinct differences emerge. Simply put, women in Cardiff have children later than women in Wales as a whole. In Wales as a whole the birth rate exceeds that of Cardiff for all women under the age of 30. In Cardiff the opposite is true, the birth rate for women over the age of 29 is greater than the national average.. In terms of population movement and migration the city of Cardiff and Wales as a whole demonstrate similarities. Between 2003 and 2007 the population of Wales increased by 10,320 with 57,200 new arrivals and the departure of only 46,890. Similarly, in-migration increased the population of Cardiff during the same period by 820. While both study areas increased in

Choose from the book Essay Example | Topics and Well Written Essays - 1000 words

Choose from the book - Essay Example The collapse of the banks reduced bank loans leading to less expenditure than initial. The crash of the stock markets reduced the spending capability of individuals through fear of further economic woes. Unemployment and job losses led to a reduction of the purchasing power. Purchasing power is defined as the ability of the society to purchase goods and services. Increased purchases indicate the power of the society and improved welfare while reduced purchases indicate an ailing economy that needs intervention and support. The reduction of purchasing power of the economy at the time was an indication of the reduction of income earning and creation in the country. The situation was made worse with the inability of the banks to offer loans that could improve the purchasing power. The failure to offer loans to the citizens also indicated the situation of the banks in terms of financial strengths. Later, several banks collapsed and with the collapse came massive losses to the citizens th rough loss of savings and investments. The situation was so dire that banks' lost public confidence leading to the creation of the FDIC to offer support and security for individual savings. With such massive issues, the financial sector of the country was in shambles leading to the failure of the whole economy called the great depression. In addition, American economic policy changes as a result of the ailing economy. The government created the Smooth-Hawley Tariff to protect the American companies. The policy charged high tax for imports reducing the amount of trade between America and the rest of the world. The Smooth-Hawley Tariff protected the country production companies from competition. However, the mode of protection led to the isolation of the country because International Corporation could not venture into the country due to the expensive nature of business operations. Drought was an indirect facilitator of the economic problems witnessed in the country. The serious drough t occurred in the Mississippi valley, in 1930, leading to the sale of farm lands in order to remain afloat (Foner 90). While not affecting the economy directly, it helped in the shaping of the economic perspective of the country, to create a financial problem in the area. The drought did not have a massive influence on the economy but helped facilitate the already worse economy to decline. The role of Franklin Roosevelt in economy improvement After the depression witnessed the country struggled to recover from the failure with minimal success until the election of Franklin Roosevelt. Roosevelt enacted several Legislations through congress in a bid to help industrial and economic recovery. The creation of the National Recovery Administration was to foster operation between the government, business and labor in order to achieve success. During the first hundred days of his tenure, he instigated changes in the political leadership to solve the banking crisis with the main focus of the change to restore and not offer drastic change in the economy. The job losses and unemployment witnessed after the great depression had affected the lives of the citizens (Foner 121). In order to assist, the president instigated relief programs to support provision of basic needs to families and also help in spurring the economy. The relief programs helped to reduce starving of the citizens