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United Kingdon



             "Pubs offer a place to meet, socialize, and relax with friends and neighbors. However, relaxing in the home is more popular. The English watch more television than any other people except U.S. Americans. They claim it is because of the quality of their programming. Movies and videos are also popular (Culture Grams World Edition, p. 39)."".
             MONETARY SYSTEM AND EMPLOYMENT.
             The UK has one of the world's largest based economic systems with gross product estimated in 1999 at approximately $1.29 trillion (American dollars). Major production in the UK consists of machine tools, aircraft and ships, motor vehicles, electronic, chemicals, coal, petroleum, textiles, and food processing (agriculture). In 1998, the UK exported less than imported with $271 billion and $306 billion worth of goods respectively. Exports include manufactured good, food, chemical, and fuels. Imports include manufactured goods, machinery, fuel, and food products as well. The UK has a free trade agreement with the European Union (EU) and consistently partaking in this option of free trade is how this economy expands (Ember, 2001, p.2337). Overall, The UK is has the largest market for agriculture, food markets, and is the fifth largest nation in the world for trading. (Henderson, 1998, p.493).
             "Between 1979 and 1991, the government privatized 46 major companies, as well as a number of subsidiaries of nationalized industries and other business. This represented 65 percent of the state-owned industrial sector. Among the major companies privatized were British Telecom, British Gas, British Steel, British Airways, British Aerospace, Rolls-Royce, Austin Rover, Cable and Wireless, and ICL (Woldmark Encyclopedia of Nations, p.493)."".
             In 1998, studies conducted provided information that showed employment percentages as follows: agriculture only accounted for two percent; service jobs with the greatest percentage of 73 percent; and industries with 23.


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