Changes Over Time In The Economic Characteristics Of A Place Flashcards
1
Q
Name the 4 key sectors of employment
A
- Primary industry (Extraction of raw materials e.g. Farming)
- Secondary industry (Manufacturing of goods from raw material e.g. Cars)
- Tertiary industry (Provision of services to people e.g. Commercial)
- Quaternary industry (Industry in ICT and research e.g. Biotech companies)
2
Q
What is the the Clark-Fisher model?
A
Demonstrates how as an economy grows the relative importance of different sectors changes as a country develops
3
Q
What are the strength of the Clark-Fisher model?
A
- Allows governments insight into likely future trends, which can help structure effective and policies
- Model based on empirical data from large number of countries
4
Q
What are the weaknesses of the Clark-Fisher model?
A
- Based of development in western countries
- Significant tourism growth can mean countries bypass phases e.g. Kenya
- Speed of development varies depending on country
- Primary sector does not always decline e.g. Saudi Arabia
- Globalisation speeds up the process of change
5
Q
Why has mining employment in the East Midlands declined?
A
- Coal extraction became more expensive as resources depleted
- Cheaper to import from Russia
- Expensive to make clean energy
- Less and less use of coal in local area
6
Q
What are the consequences of the declining employment in the East Midlands?
A
- Changes in patterns of work
- Increased seasonal work
- Older workforce