economic activity Flashcards

1
Q

What is an employment sector?

A

A category of jobs eg: Primary sector

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2
Q

Define primary sector

A

Jobs where raw materials are extracted from the earth eg: farming, mining

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3
Q

Define Secondary sector

A

Where the raw materials are converted to semi finished or finished goods eg: manufacturing, factories

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4
Q

Define tertiary sector

A

Jobs that provide services eg: healthcare, sales

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5
Q

What is the quarternary sector?

A

Jobs in the knowledge industry, such as financial consultancy, scientific research, or university lecturing.

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6
Q

What is industrialisation?

A

When a country moves from primary jobs to secondary jobs, such as manufacturing, and cities grow increasing the income of countries.

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7
Q

What is deindustrialisation?

A

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

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8
Q

What is regeneration?

A

When a city is improved physically and built up to improve its economy, usually after a period of industrial decline.

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9
Q

What is a post-industrial economy?

A

An economy that no longer relies heavily on industry and has transitioned to tertiary and quaternary jobs.

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10
Q

What is globalisation?

A

The process of the world becoming more interconnected through trade, movement of goods, people, and information.

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11
Q

Why do we have a low percentage of workers in the primary sector?

A

Due to mechanisation and the fact that 50% of food and many raw materials are imported.

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12
Q

Why has employment in the secondary sector decreased?

A

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.

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13
Q

Why is there a large tertiary sector in the UK?

A

Increased incomes lead people to spend more on services, and the population growth requires more services like healthcare and education.

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14
Q

What contributes to the growing quaternary sector?

A

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.

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15
Q

What are locational factors for primary industry?

A
  • Access to raw resources
  • fertile soil
  • proximity to road/rail/air networks
  • cheap labor.
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16
Q

What are locational factors for secondary industry?

A

Being close to primary resources, ports/railways/roads, and having a local workforce.

17
Q

What are locational factors for tertiary industries?

A

Located near populated areas and in places where services like shops and healthcare are needed.

18
Q

What are locational factors for quaternary industries?

A

Proximity to other quaternary industries, universities, and large cities that provide a skilled workforce.

19
Q

How did the government affect employment structure from 1945-1979?

A

The British Steel Corporation was set up to support declining heavy industries and protect jobs.

20
Q

How did government policies between 1979 and 2010 affect industries?

A

Industries were privatised, and many were closed. The London docklands were regenerated to retail parks like Canary Wharf

21
Q

What are the key ways the government supported the economy after 2010?

A
  1. encouraging investment in high-
    tech manufacturing (secondary)
  2. investment in transport
    infrastructure, such as London’s Crossrail.
  3. low-cost loans for small
    businesses (tertiary and
    quaternary usually)