4.8B Partnerships

Cards (5)

    • Chambers of Commerce = these organisations represent business and industry in a local area, and persuade local and national governments to invest in infrastructure, education and skills training.
  • Trade unions = their jobs is to represent workers in particular industries over issues like pay and conditions; their support is important to many companies that want good worker-manager relationships. 
  • local groups = regeneration and development involves change, so local environmental groups, historical preservation societies and even wildlife groups need to be involved so that change does not lead to negative local consequences. 
  • Olympic park regeneration: Pros
    • improved infrastructure
    • bought more than $9Bn in investment into the east London area
    • cleaned up previous urban wasteland
    • helped local schools
    • unemployment fell
    • 40% rise in employment
  • Olympic park regeneration cons:
    • 2800 homes made "unaffordable"
    • existing business had to move out
    • produced 3.3Mn tonnes of CO2