Weegy: Weegy would like to help you, could you be more specific with your question?
User: what is regional policy?
Weegy: In what country?
User: united kingdom
Weegy: UK regional policy was born during the economic depression of the 1930s, when heavy industries in the north were devastated.
Assisted Areas were established, [ within which companies could acquire grants or capital allowances - know as Regional Selective Assistance - in return for protecting jobs.
The overall pattern of policy changed little in the next forty years. Despite criticism by a 1970s Royal Commission that it was "Empiricism run mad; a game of hit and miss played with more enthusiasm than success", governments of both parties maintained Assisted Areas. It was not until the 1980s Thatcher government that regional policy was significantly rolled back, with Assisted Areas substantially reduced in size.
Increasingly UK policy must operate within the EU regional policy framework, with its strong injuctions against unfair competition (generally meaning state aid).
The post-1997 Labour administration reorganised regional policy, with RSA replaced by Selective Finance for Investment in England Scotland
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Regional policy refers to government efforts to reduce regional disparities and promote balanced economic development in specific areas. It includes measures such as infrastructure development, economic diversification, skill enhancement, financial incentives, and regional collaboration. The goal is to improve the well-being and opportunities of regions facing economic challenges or inequalities.
Added 7/17/2023 4:04:17 PM
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