| Share
 

Wales

Economy

N Wales is characterized by farms and pastoral highlands. There had been some industrial development around the coal fields centered on Wrexham, but the fields have largely been closed. The coastal towns of the Lleyn Peninsula (Gwynedd) are tourist and vacation centers for N England's industrial cities. The industrial wealth of Wales is concentrated in the southern counties bordering on the Bristol Channel. This area has large steelworks (Port Talbot), oil refineries (Milford Haven), tinplate and copper foundries, and the once-rich S Wales coal fields. The southeast also has the greatest concentration of investment in Britain, predominantly in electronics. Other important industrial cities and ports are Newport, Cardiff, Swansea, and Tenby. The labor force has tended to drift into the southern industrial areas, leaving the north sparsely populated. With the decline of the coal industry, the Welsh economy has become increasingly reliant on consumer electronics, automotive parts, chemicals, and tourism, information technology, and other service-related industries.

Sections in this article:

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.

More on Wales Economy from Infoplease:

  • Wales: Economy - Economy N Wales is characterized by farms and pastoral highlands. There had been some industrial ...

See more Encyclopedia articles on: British and Irish Political Geography


Premium Partner Content
HighBeam Research
Documents Images and Maps Reference
(from Newspapers, Magazines, Journals, Newswires, Transcripts and Books)

Research our extensive archive of more than 80 million articles from 6,500 publications.

Additional search results provided by HighBeam Research, LLC. © Copyright 2005. All rights reserved.

24 X 7

Private Tutor

Click Here for Details
24 x 7 Tutor Availability
Unlimited Online Tutoring
1-on-1 Tutoring