Is There a Way to Keep the Britain's Economy
Growing
In today's knowledge economy, nations
survive on the things they do best. Japanese design electronics while Germans
export engineering techniques. The French serve, the best food and Americans
make computers. Britain specializes in the gift of talking. The
nation doesn't manufacture much of anything. But it has lawyers, stylists and
business consultants who earn their living from talk and more talk. The World
Foundation think tank says the UK's four iconic jobs today are not scientists,
engineers, teachers and nurses. Instead, they're hairdressers, celebrities,
management consultants and managers. But can all this talking keep the British
economy going? The British government thinks it can. Although
the country's trade deficit was more than ￡60 billion in 2006, UK's largest in
the postwar period, officials say the country has nothing to worry about. In
fact, Britain does have a world class pharmaceutical industry? And it still
makes a small sum from selling arms abroad. It also trades services-accountancy,
insurance, banking and advertising. The government believes Britain is on the
cutting edge of the knowledge economy. After all, me country of Shakespeare and
Wordsworth has a literary tradition of which to be proud. Rock 'n' roll is an
English language medium, and there are billions to be made by their cutting-edge
bands. In other words, the creative economy has plenty of strength to carry the
British economy. However, creative industries account for only
about 4 percent of UK's exports of goods and services. The industries are
finding it hard to make a profit, according to a report of the National
Endowment for Science, Technology and the Arts The report shows only 38 percent
of British companies were engaged in "innovation activities", 3 percentage
points below the EU average and well below Germany (61 percent) and Sweden (47
percent). In fact, it might be better to call Britain a
"servant" economy—there are at least 4 million people "in service". The majority
of the population are employed by the rich to cook, clean, and take care of
their children. Many graduates are even doing menial jobs for which they do not
need a degree. Most employment growth has been, and will continue to be, at the
low-skill end of the service sector—in shops, bars, hotels, domestic service and
in nursing and care homes. A．Growth of Economy
B．"Servant" Economy C．Strength of the Creative
Economy D．Weakness of the Creative Economy
E．Gift of talking F．Export of Talking Machines
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Paragraph 2 ______
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Paragraph 3 ______
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Paragraph 4 ______
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Paragraph 5 ______
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A．to find jobs
B．to do low skill jobs
C．to feed its people
D．to handle disputes
E．to make a profit
F．to worry about the British economy
Every country has its own way ______.
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The British government doesn't seem ______.
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The creative industries find it difficult ______.