U.K Economy

The United Kingdom has many different natural resource some of the main natural resources that they mine are. Coal,petroleum,natural gas,zinc,tin,limestone,iron ore,salt,slate,clay,chalk,gypsum,lead,silica and much more.
Mining is one of the biggest economy employers in the United Kingdom along with the worlds largest financial centres with the London stock exchange and the London international financial futures and options exchange.The government of the united kingdom makes the economic decisions so it is a market economy if it is run by the government.They are made by the government so they run the economic laws and decisions.The British manufacturing sector however has greatly diminished relative to the economy as a whole since World War II. It is still a significant part of the economy but only accounted for one sixth of national output in 2003. The British motor industry is a significant part of this sector although it has diminished with the collapse of MG Rover and most of the industry is foreign owned.
The United Kingdom uses a lot of advanced technology these days they used 2 have to use a typewriter for all the papers and horse and carts. But now they are using all the latest technology for things such as mining,construction,media and sporting.They have made a lot of famous cars such as Ford fiesta, Honda civic,Toyota corrola,Jaguar,Land rover and Rolls-Royce.
The employment rate for people of working age was 74.9 per cent for the three months to April 2008, unchanged for a quarter of the year. The number of people in employment for the three months to April 2008 was 29.55 million. This is the highest figure since comparable records began in 1971 and is up 76,000 over the quarter and up 446,000 over the year. Total hours worked has increased by 6.3 million to reach 943.7 million.
The unemployment rate was 5.3 per cent for the three months to April 2008, up 0.1 over the previous quarter but down 0.2 over the year. The number of unemployed people increased by 38,000 over the quarter but fell by 34,000 over the year, to reach 1.64 million.