Changes Over Time In the Economic Characteristics of Places Flashcards
What is the Clark-Fisher model?
A model that compares % employment per sector and per capita income over time, with a high income having higher proportion of Q and T workers and a lower income having more P and S workers.
What statistics did the Clark-Fisher model give us for 1841?
36% of the population in manufacturing, 33% in service sectors and 22% in agriculture.
What statistics did the Clark-Fisher model give us for 2011?
9% of the population in manufacturing, 81% in services and <1% in agriculture.
What are Kondratiev waves?
Approximately 50 years in duration, they show the rises in particular technological innovations since the 1770s, and the economic boosts and dips that intercede.
What are the 4 stages of each K wave?
Prosperity - at the peak
Recession - the decline as technology stagnates
Depression - economic drop and no technological innovation
Recovery - economic increase with technological advancements
What does the K1 wave label?
mechanisation in the early 1800s.
What does the K2 wave label?
Steam powered engines and ships in the mid 1800s.
What does the K3 wave label?
Electrically-powered factories and the rise of electricity increasing productivity in the early 1900s.
What does the K4 wave label?
Fordist mass production in the 1950s.
What does the K5 wave label?
The digital age from 2000s onwards.
What was the economic change in Cardiff 1801-1901?
Only had 1870 people, but the K2 growth gave rise to Cardiff being a major export port for Wales & SW England. The wealthy Bute family dug canals and built docks and then railways in the 1830s to increase production. Immigration massively increased the working population. In 1851, 1/3 of Cardiff’s inhabitants were Glamorgan by birth.
What was the impact of the economic change in Cardiff 1801-1901?
Extreme social exclusion, the wealthy Bute town housed all the managers, administrators and business owners whilst the suburb of Grangetown was by far the largest in Cardiff and housed the majority of the poor Glamorgan immigrants who worked on the docks or railways.
What does Location Quotient measure?
A regions industrial specialisation and concentration relative to the country. A score of <1 indicates a low concentration, >1 a high concentration and 1 average.
How is Location Quotient measured?
% of total workforce in the area in the chosen industry divided by workforce in that industry as a % of the national workforce.
What are the 3 main causes of loss of primary industry?
mechanisation, resource depletion and globalisations.