97．Just as the 1940s decade is remembered in Britain as the era of nationalization. The 1980s will be remembered as the decade of privatization. During past decade almost 40% of the Britain state enterprises were privatized.
98．Compared with many other countries, Britain has considerable reserves of coal. It was the development of Britain’s coalfields which led to the Industrial Revolution. Today British coal mining is called a “sick” industry.
99．Later nature gas was discovered in 1965 and oil in 1970 under the North Sea. Today Britain is not only self-sufficient in oil but also has a surplus for export.
100．The Midlands has deposits of coal and iron located near each other. Because of these resource the Midlands became the center of steal industry. But today local supplies have became exhausted ore must be imported from Spain·Sweden and elsewhere. The original advantages of the location of many steal works in Britain have gone.
101．The main textile producing regions of Britain are the east Yorkshire and humberside, and northern Ireland. Britain’s textile industry has declined markedly especially in the cotton 、jute and linen production. But the production of high quality woolen goods has not been so severely affected.