Automation & Mechanisation
-Machines, robots, computerised production lines replace people.
-Foreign firms produce goods more cheaply due to lower labour cost or latest technology.
Fall in Demand
-Some industries produce materials for other manufacturing industries.
Exhaustion of Resources
-Natural resources run out or become too expensive to exploit so uneconomic.
-Increasing consumption as people get richer over time & also increased leisure time.
Increase in Goverment Spending
-Increased wealth lead to more tax income and goverment can also use borrowing to fund spending.
Shift in Production to LEDC's
-UK firms move production oversee due to lover costs.