Question

a) summarize the challenges facing New Britain today

b) identify some of its strengths

c) suggest some strategies for how business could be encouraged as part of efforts to revitalize the economy and quality of life of the city.

Answer 1

A. Challenges

1. One of the challanges of new Britain is economic slowdown. The economic crisis is spreading to all parts of the world. New Britain is facing the issue of slowdown in the economy.

2. Another major challenge is drug abuse. Drug abuse is prevalent especially among the young age people. Drug abuse strips the senses and moral judgement of youth; tbereby keeping away from education.

3. Transportation issues are yet another co concern that New Britain is facing. In the absence of efficient transportation, it would not be possible to fast track the economic growth.

B Strengths:

1. New Britain has been historically a land of great opportunities, therefore it still atracts host of new investments.

2. The citizens of Great Britain are highly skilled and they hold positions of repute in many parts of the world.

C. Steps to strengthen economy:

1. Tax friendly policies are the first step in attracting investors to invest in different sectors of economy. An investment friendly approach free of any regylatuons and lesa of licenses will go a long way establishing New Britain as the global economic centre.

2. Transportation must be developed to cater the business needs . The transportation must be efficient as well as sustainable.