There are pros and cons for becoming an independent country. Con, Scotland would loose its current currency, the pound, and would have to get a new currency. They have no old or back up currency because the last time they had their own currency was in the early 1700s. Also, most of the North Sea oil belongs to Scotland even though at the moment England is collecting nearly the entire wealth from it. If Scotland was to from its own country, England and Scotland would not start out on best of terms arguing over oil.
Some pros for becoming an independent country is the fact that they would regain their own heritage and roots. They would have the opportunity to run their country the way they want too. Also Scotland would be able to get rid of the nuclear weapons England is storing in Scotland. Scotland would also be able to chose their own form of government and leave England's government behind. Scotland also plans on raising minimum wages because they feel the gap is too big between the poor and the rich so raising minimum wages would help the economy.
Learn more about the vote at this link.
Very interesting points about the independence vote… Just like the stats in your article projected, the Scots rejected independence buy a 55-45% margin. I think that this is for the better
ReplyDeleteIt's interesting how you analyzed the pros and cons; this post makes them seem pretty evenly waited. As we saw, the vote was also very even (55% v. 45%), so your assessment was accurate.
ReplyDeleteInteresting article. I agree, the change in currency would have been really problematic for Scottland. They would've gotten off on the wrong foot economiclly because of it.
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