1.3.5: The Service Economy Flashcards
1
Q
Tertiarisation
A
The service sector comprises the biggest element of the economy.
2
Q
Re-urbanisation
A
The movement of people and economic activities back into city centres.
3
Q
Gentrification
A
The process by which a place changes from being as poor area to becoming a richer one.
4
Q
Why tertiary activities originally clustered in central areas?
4
A
- Large population catchment area
- Used to be the most accessible points
- Access to a large workforce
- New technological infrastructure is would develop here first
5
Q
Features of cities facing decline
3
A
High rates of poverty
Lower rates of employment growth
Lower rates of immigration of economically active groups
6
Q
Alternative locations of tertiary activities to central areas
4
A
Out of town retailing
Office park
Leisure and entertainment complex
Home (internet shopping)
7
Q
The knowledge economy
A
An economy based on creating, evaluating and trading ideas and information.
(Synonym for quaternary sector)
