Block 3 (Changes Over Time In The Economic Characteristics Of Places) Flashcards
What does the Clark-Fisher model show?
Change in balance of employment over time
Describe the Clark-Fisher model
- Pre-industrial period is predominantly primary sector (2/3 of which is agriculture), then secondary, then tertiary
- Start of industrial period primary sector declines (mechanisation, cheaper to import) and is replaced by secondary and some tertiary
- End of industrial period secondary begins to decline (global shift moving manufacturing abroad) and tertiary becomes dominant sector (individuals wealthier - expendable income for services, country wealthier - investment in healthcare and education)
- Post-industrial period tertiary dominant, primary+secondary continue to decline and quaternary is born (skilled workforce and money for advanced tech)
Define primary sector. What percentage is it of UK workforce today?
- Extraction of raw materials, e.g. agriculture, mining
- Less than 5%
Define secondary sector. What percentage is it of UK workforce today?
- Manufacturing raw materials into goods, e.g. factory work
- 10%
Define tertiary sector. What percentage is it of UK workforce today?
- Provision of services, e.g. retail
- Around 80% (biggest employer)
Define quaternary sector. What percentage is it of UK workforce today?
- Research and development (knowledge sector), e.g. drug development
- Less than 10% - increasing
Outline pre-industrial period and give example
Primary sector leads the workforce (predominantly agriculture - 2/3)
- E.g. Democratic Republic of Congo
Outline industrial period and give example
Primary sector decreases, replaced by secondary and tertiary sectors
- E.g. China
Outline post-industrial period and give example
Tertiary sector dominates, quaternary sector emerges, secondary sector declines and primary sector employs very few
- E.g. UK
Give 2 pros of the Clark-Fisher model
- Fits most HICs and NEEs
- Flexible time scale (x axis), e.g. S.Korea experienced model faster than UK
Give 2 cons of the Clark-Fisher model
- Doesn’t fit all countries, e.g. Jamaica has large tertiary tourist sector, but has skipped industrialisation
- Ignore imports, e.g. some countries will never manufacture, will have industrial period through importation
Define LIC and give example
- Low income country
- E.g. Chad
Define HIC and give example
- High income country
- E.g. UK
Define NEE and give example
- Newly emerging economy
- E.g. China
What do Kondratiev Waves suggest
Capitalist economies fluctuate between ‘booms’ and depressions in cycles known as Kondratiev Waves
What are the 4 phases in a Kondratiev wave?
1) prosperity
2) recession
3) depression
4) recovery