Economic Change Flashcards

1
Q

Define ‘Primary Industry’

A

Take it, extracting raw materials from the land e.g. fishing, mining

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2
Q

Define ‘Secondary Industry’

A

Make it, manufacturing products in factories or buildings e.g. cars, buildings

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3
Q

Define ‘Tertiary Industry’

A

Service it, different services e.g. doctors, schools

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4
Q

Define ‘Quaternary Industry’

A

Improve it, IT and evolution or improvements e.g. science, IT technician

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5
Q

What is the case study for Primary Industry?

A

Verwood Chalk Quarry

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6
Q

What is the case study for Secondary Industry?

A

Shoreham Power Station

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7
Q

What is the case study for Tertiary Industry?

A

Bluewater Shopping Centre

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8
Q

What are the case studies for each Clarke Fisher Model sections?

A
Pre-industrial= Uganda
Industrial= Mexico
Post-industrial= UK
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9
Q

What are the five factors causing the decline in Primary jobs?

A
Agribusiness
Mechanisation
Resource depletion
Government policies (1980s, Maggie Thatcher)
International controls in fishing
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10
Q

What is the case study for secondary employment decline?

A

Glasgow, UK

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11
Q

What is Globalisation?

A

Where more businesses and people create global and international connections, from trade, increased transport and travel efficiency

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12
Q

What is a TNC?

A

‘Transnational Corporation’, massive businesses that work in many different countries to enhance the countries economy or exploit the country’s goods and low minimum wage

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13
Q

What is the case study for De-Industrialisation?

A

Tin mining in Cornwall, UK

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14
Q

What is the case study for the rise of secondary industry?

A

China

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15
Q

What are the six causes of the rise of secondary industry in China?

A

Larger workforce from increased population
Globalisation
Fewer health regulations
Large investment from TNCs
Large amount of natural resources
Growing demand for cheap manufactured goods

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16
Q

What are stages of the cycle of tertiary growth?

A
Tertiary sector growth
More and better jobs
More personal income
More personal spending
More demand for jobs and services
AND IT REPEATS
17
Q

What is the Grey Pound?

A

17% of the population is over 64 and they are predicted to spend the most money

18
Q

What are the two companies that attract the Grey Pound?

A

SAGA and B&Q