3.b Flashcards

1
Q

What measures have been put in place to ensure rural areas are supported by the government?

A

The UK government supports rural areas through the key settlement policy. Services such as education, healthcare, employment and housing have been concentrated in large villages and towns. These places act as hubs for people living in surrounding smaller settlements. However, as personal mobility is increased, rural residents no longer rely exclusively on their nearest key settlements.

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2
Q

Which groups are often missed out on health care provision? What factors have contributed to an inequality in healthcare provision?

A

The provision of healthcare services varies. For example, inner cities and remote rural areas are short of GPs and other healthcare workers. Other areas such as affluent suburbs are well served.

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3
Q

Outline why spending on pensions has increased in recent years. Why has this been necessary?

A

Spending on pensions in the UK has almost doubled in the past dozen years due to increasing life expectancy and ageing population. As a result the age at which people can draw their state pension is rising.

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4
Q

In reference to the 5 ways that the UK government tackles inequality, what does education do?

A

Education programmes designed to improve personal health (e.g. diet/obesity/smoking) are often targeted at the poorest groups in society. The UK government provides funding for training and upgrading skills in order to raise skill levels and qualifications; improve employment prospects and boost economic growth.

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5
Q

In reference to the 5 ways that the UK government tackles inequality, what does the law do?

A

Legislation exists in the UK which outlaws discrimination on racial, ethnic, gender and age criteria; and aims to give equal opportunities to all groups. The poorest groups of workers are protected by the minimum wage legislation.

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6
Q

In reference to the 5 ways that the UK government tackles inequality, what does planning do?

A

Planning targets the most deprived areas which vary in scale from neighbourhood, to entire regions. Priority is given to upgrading housing and services in the poorest areas e.g. the rundown inner-city locations in ACs.

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7
Q

In reference to the 5 ways that the UK government tackles inequality, what are subsidies?

A

Subsidies are given to poorer groups. They can be used to reduce inequality by the addition of: free school meals, university fees etc. Pensioners may have subsidies for fuel and transport. Single-parents, unemployed, long-term disabilities -> all get benefits from the government.

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8
Q

In reference to the 5 ways that the UK government tackles inequality, what is taxation?

A

Taxation is used to redistribute wealth from more prosperous to less prosperous groups, in order to create a fairer society. Progressive tax systems, where the better-off pay a larger proportion of their income tax.

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9
Q

What are the 5 ways that the UK government tackles inequality?

A

The 5 ways that the UK government tackles inequality are: taxation, subsidies, planning, law, and education.

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10
Q

Does everyone benefit from the strong economic health of the Silicon Valley?

A

Many production line workers are not paid more than the states minimum wage. Manufacture involves health risks -> exposure to toxic chemicals. Female migrants from Asia and Latin America.

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11
Q

What is venture capital?

A

Venture capital is capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.

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12
Q

How is Silicon Valley able to support technological innovation?

A

Stanford University has close links with much of the research being carried out. Supplies high-quality graduates. Venture capital.

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13
Q

Where is Silicon Valley?

A

In the area around the Southern part of San Francisco Bay, California.

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14
Q

What is the named example of an economic boom?

A

Named example of Economic Boom - Silicon Valley

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15
Q

Why are some people more able to cope with a recession than others?

A

The more skilled someone is the more employment opportunities they are likely to have. Households cut back on non-essentials.

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16
Q

Why are some places able to support technological innovations, whilst others are not?

A

Technical innovation is not evenly distributed. Core regions -> multiplier effect. Role of education, government, and social organisations.

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17
Q

How is technological innovation linked to booms and recessions?

A

The cycles of growth and stagnation have been linked to technological innovation, with new industries providing the basis for a boom. Once the technology is no longer ‘new’, fewer opportunities for growth exist and boom is followed by recession.

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18
Q

How does the Capitalist economic system operate? What time frame?

A

The Capitalist economic system operates in a series of interconnected cycles. These have taken place roughly every 50 years since 1750.

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19
Q

What is a capitalist system?

A

The socioeconomic system, in which production of goods and services takes place to generate and profit. A key driving force is people’s desire for gain and self-interest.

20
Q

What is a recession?

A

A recession is a slowdown or decline in economic activity. Macroeconomic indicators such as GDP, investment spending, household income, business profits and inflation fall, while bankruptcies and unemployment rise.

21
Q

What is a boom? What does a boom result in?

A

A boom is a period of rapid economic expansion resulting in higher GDP, lower unemployment and rising asset prices.

22
Q

What are 2 positive impacts of economic change on people and place within an EDC/ LIDC?

A

1.) Higher export-generated income promotes export-led growth-thus promotes investment in productive capacity. 2.) Can trickle down to local areas with many new highly paid jobs.

23
Q

What are 2 positive impacts of economic change on people and place within an AC?

A

1.) Greater efficiency apparent in surviving outlets. This can release labour for higher productivity sectors (this assumes low unemployment). 2.) Growth in LIDCs may lead to a demand for exports from ACs.

24
Q

What are 2 negative impacts of economic change on people and place within an EDC/ LIDC?

A

1.) Disruptive social impacts, e.g. role of TNCS potentially exploitative and may lead to sweatshops. Also branch plants may move on in LIDCS too, leading to instability (e.g. in Philippines). 2.) Can destabilise food supplies, as people give up agriculture.

25
Q

What are 2 negative impacts of economic change on people and place within an AC?

A

1.) Job losses are invariably concentrated in certain areas and certain industries. This can lead to deindustrialisation and structural unemployment in certain regions. 2.) Branch plants are particularly vulnerable as in times of economic recession they are the first to close, often with large numbers of job losses.

26
Q

How has Birmingham Research Park impacted on the place of Birmingham?

A

It was able to transform the health of our citizens by accelerating the development, as well as the adoption of healthcare innovation. The Park is a thriving and vibrant community enabling companies to gain competitive advantage from access to the world-class knowledge base. This adds to their service sector - tertiary employment.

27
Q

How has Birmingham Research Park created opportunities for people?

A

People able to start small businesses. Small businesses are able to expand and grow. Biotechnology - people are able to use specific laboratories (conditions) e.g. sterile manufacturing environments.

28
Q

Outline the 2 key purposes of the Birmingham Research Park: include specific details.

A

Join venue between Birmingham University and Birmingham City Council. Designed to attract research-led companies wishing to work in partnership with academic staff. Park is developing in biohub, the heart of the Edgbaston Medical Quarter. This includes e.g. Dental Science, Queen Elizabeth etc.

29
Q

What is the knowledge economy?

A

The knowledge economy is a system of consumption and production based on intellectualisation.

30
Q

What main problem did Birmingham face? What is this?

A

Deindustrialisation = the reduction of industrial activity or capacity in a region or economy.

31
Q

What was the traditional focus of Birmingham’s economic activity? What is this?

A

‘Metal bashing’ -> manufacturing of a wide variety of metal products; screws, nuts, bolts.

32
Q

Suggest how the concept of ‘comparative advantage’ has led to opportunities in named countries.

A

Bangalore in South Central India has become a centre for aerospace engineering and IT development.

33
Q

Explain how the concept of comparative advantage can be applied to manufacturing.

A

Specialist high-tech industries -> aerospace, pharmaceuticals and biotechnology.

34
Q

What is a comparative advantage?

A

A comparative advantage occurs when an industry is able to perform an economic activity more efficiently than another activity.

35
Q

Using an example, show how the effect of positive economic change on a place may happen - the multiplier effect.

A

Some places have been regenerated e.g. BIRMINGHAM, UK. During the 1970s and 1980s there was investments by TNCs in the EU, especially the UK e.g. HITACHI Rail and Japanese TNCs investing in new car assembly. Training and employment grew, (multiplier effect). This represented a huge opportunity for people and places.

36
Q

What are 2 positive impacts on structural economic change for EDCs?

A

2 positive impacts on structural economic change for EDCs could include: Can reduce negative trade balance. Can lead to exposure of new technology.

37
Q

What are 2 positive impacts on structural economic change for ACs?

A

2 positive impacts on structural economic change for ACs could include: Growth in LIDCs may lead to export demands in ACs. Loss of mining and manufacturing industries can lead to improve environment quality.

38
Q

What are 2 negative impacts on structural economic change for EDCs?

A

2 negative impacts on structural economic change for EDCs could include: Can lead to overdependence on a narrow economic base. Can destabilise food supplies, as people give up agriculture.

39
Q

What are 2 negative impacts on structural economic change for ACs?

A

2 negative impacts on structural economic change for ACs could include: Job losses are common for unskilled workers. Employment gains from new efficiencies only occur if industrialised countries keep wage demands down.

40
Q

What did the economic restructuring leave behind? E.g. in Birmingham

A

Economic restructuring can leave behind poorer physical environments - abandoned/ derelict buildings. Polluted land and waterways.

41
Q

Why was the economic restructuring from primary and secondary sectors in areas such as Birmingham significant to employment?

A

Economic restructuring from primary and secondary sectors in areas such as Birmingham were significant to employment - as skills required by the heavy industry not transferable to the service sector.

42
Q

Name 2 places that were heavily reliant on heavy industry?

A

2 places that were heavily reliant on heavy industry include Liverpool and Birmingham.

43
Q

Outline the rough timeline of economic change at a global scale.

A

TNCs and nation states are key players in the global economy. Relationships amongst TNCs and between TNCs and countries, drive changes that impact the lives of billions of people. One major consequence of globalisation is global shift. The relocation of manufacturing production on a global scale. 50 years ago manufacturing took place in Western Europe and North America. Raw materials e.g. copper and coffee were exported by countries such as Zambia and Brazil, which had limited manufacturing ability. From the 1980s the New International Division of Labour (NIDL) got stronger. European, Northern American and Japanese TNCs created labour intensive factories in what were called “Newley Industrialised Countries” (EDCs). Containerisation/ bulk handling brought down the cost and contributed to locational changes. With economic restructuring came the loss of employment in the primary and secondary sectors as the comparative advantages of ACs in these activities declined. ACs transformed into post-industrial societies in which most people worked in the tertiary and quaternary sectors.

44
Q

What 5 things has globalisation led to the increase of?

A

5 things has globalisation led to the increase of could include: flows of ideas, capital, goods, services and people.

45
Q

What drives globalisation?

A

Globalisation is driven by economic change across all scales: global to local.

46
Q

Is economic change caused by technology, politics and progress a regular feature?

A

Economic change caused by technology, politics and progress is a regular feature of history.

47
Q

What is economic change? What does it result in?

A

Economic change is a shift in the structure of an economic system. This results in changes to societies, cultures and everyday life on a global or national basis.