[Music]
the United Kingdom as we know it has
been part of modern history for quite
some time the tiny nation has
accomplished a lot during the last few
hundred years be it fighting its larger
neighbors or its innovations of almost
every country they become interested in
the British have been known for both
good and bad reasons despite the
negativity in their conquest
Yukie was the 1st richest country in
modern history there are multiple
theories surrounding how the British
amassed such a huge amount of wealth
despite being a population of just a few
tens of millions
UK in modern history the United Kingdom
became a truly global economic
superpower whose the Industrial
Revolution at a time where human
creativity was realizing its true
potential Britain had a lot of enemies
in its kitty they had to decide between
growing stronger on all phones or die
they strengthened themselves in the
industrial front during the 18th century
Britain was a weak nation of just 5 odd
million people this is small in
comparison to countries such as the
United States and friends despite its
dwarf size who continued to take parts
in balance with larger nations this wars
gave Britain the opportunity to evolve
as an economic superpower to win this
wars they had to increase their military
arsenal along with making sure that the
country's economy is not depleted they
achieve this by increasing their
productivity and the manufacturing front
apart from the manufacturing industry
England was also known for its superior
agricultural practices this allowed it
to up its production and import the
products to other countries it literally
out competed all of the other countries
in competition
written in its innovations it held the
sword of technological and monetary
superiority with other nations this form
of superiority enabled it to carry out
invasions of different magnitudes the
colonization of Africa the innovation of
India and also the Americas being prime
examples they could stamp their
authority over this regions exploit all
their natural and financial resources
and once the job is done head back to UK
with pockets filled with foreign
treasures this trend has carried on for
centuries and it is evident even today
as UK continues to be one of the richest
countries in the world despite its
beauty size hence it is safe to say that
history certainly helped the United
Kingdom which a position it is in as of
today UK of the 21st century
enough of history now let us look at the
United Kingdom of the 21st century asper
report by experts from new world wealth
the British population is a holder of
more than nine point seven trillion US
dollars worth of total wealth this is in
the form of cash reserves assets gold
etc to name a few it is astonishing to
see that such numbers being posted
despite UK population to be rather
meager the report says that UK is now
the fourth reaches in the world for
total private wealth owned it is behind
only to the United States of America
China and Japan an equal wealth
distribution in the UK
despite the monstrous wealth in
encompasses the wealth distribution in
the country is in a very horrible steep
the top 10% of the population controlled
almost half of the total wealth of the
country the top 1% owned at least three
point two billion Greek British pounds
worth of assets those at the bottom of
the list had control over assets worth
an average of just fourteen thousand one
hundred or less great British pounds
according to numerous studies it has
been found that the rich find it
relatively easier to stay rich become
richer of the lower sections of society
find it difficult to make ends meet the
region wise distribution of wealth is a
little disturbing as well cities like
London are home to assets worth more
than two point seven trillion great
British pounds while the poorest regions
amass only 365 million great British
pounds worth of assets these figures are
just an indication of how the wealth is
distributed in the country UK economy in
terms of GDP the United Kingdom is the
sixth largest modern-era economy in the
world it is also the 10th largest good
exporter in the world it is a truly
globalized economy the United Kingdom
economy is composed of economies of
England Scotland Wales and Northern
Ireland there are a number of industries
which are thriving as part of UK economy
some of the notable sectors are the
financial service sector aerospace
sector from a surgical sector along with
the North Sea oil and gas production
almost all the top companies of the
world considered the UK to be a good
place to do business in
this is evident by the fact that almost
24 of the 500 top companies of the world
have their headquarters in the UK London
too is slowly becoming a major financial
hub as well as being home to the London
Stock Exchange even in terms of GDP
London is the largest in Europe UK a
hotspot for foreign investment apart
from the thriving local economy the
United Kingdom has managed to garner a
lot of FDI per simply foreign direct
investment in recent years as for a 2017
world investment report to the United
Nations conference on Trade and
Development or simply on tad the UK was
the second highest receiver of FDI in
the world as for 2016 and FDA influx of
more than 250 3 billion US dollars was
recorded these are huge figures because
the brexit issue was supposed to
the UK economy despite the challenges
the United Kingdom economy is at its
best some of its key strengths include
number one London is the financial
capital of Europe number two the Great
Britain pound being a strong currency
despite being the value number 3 UK is
one of the most sought-after investment
destinations in the world
despite its negative history the UK is
still going strong in the modern era
with the brexit due to take place in
2019 which will allow the UK to have
complete control over its assets it is
safe to say that they are going to
continue to become richer than ever
before