economic activity Flashcards
What is an employment sector?
A category of jobs eg: Primary sector
Define primary sector
Jobs where raw materials are extracted from the earth eg: farming, mining
Define Secondary sector
Where the raw materials are converted to semi finished or finished goods eg: manufacturing, factories
Define tertiary sector
Jobs that provide services eg: healthcare, sales
What is the quarternary sector?
Jobs in the knowledge industry, such as financial consultancy, scientific research, or university lecturing.
What is industrialisation?
When a country moves from primary jobs to secondary jobs, such as manufacturing, and cities grow increasing the income of countries.
What is deindustrialisation?
When a country runs out of resources or finds it cheaper to buy goods from other countries, leading to a move from manufacturing to the tertiary and quaternary sectors
What is regeneration?
When a city is improved physically and built up to improve its economy, usually after a period of industrial decline.
What is a post-industrial economy?
An economy that no longer relies heavily on industry and has transitioned to tertiary and quaternary jobs.
What is globalisation?
The process of the world becoming more interconnected through trade, movement of goods, people, and information.
Why do we have a low percentage of workers in the primary sector?
Due to mechanisation and the fact that 50% of food and many raw materials are imported.
Why has employment in the secondary sector decreased?
Deindustrialisation has led to a decline in the use of raw materials, but some manufacturing still takes place in high-tech industries like cars and microchips.
Why is there a large tertiary sector in the UK?
Increased incomes lead people to spend more on services, and the population growth requires more services like healthcare and education.
What contributes to the growing quaternary sector?
The UK has many well-funded universities that conduct research, and companies are attracted to graduates from universities located in innovation hubs like the “Golden Triangle” of Oxford, Cambridge, and London.
What are locational factors for primary industry?
- Access to raw resources
- fertile soil
- proximity to road/rail/air networks
- cheap labor.