Economy - Topic 3 (Horticulture and Society), Element 3 Flashcards
What is the definition of horticultural ‘economy’?
The material contribution made to the larger economy through various horticultural activities and labours.
What are the key horticultural activities contributing to the UK economy?
- Garden tourism
- Garden maintenance and landscaping
- Plant production
- Retail
- Food production
- Arboriculture
What is assessed in AO2 regarding ornamental horticulture?
The scale and value of ornamental horticulture to the UK economy, including:
* Garden tourism
* Garden maintenance and landscaping
* Retail
* Ornamental plant production
What additional values of horticulture are highlighted in AO3?
- Social inclusion
- Increased biodiversity
- Reduced crime
- Improved health and wellbeing
How is an economy defined?
A complex system of consumption, production, and exchange between groups and individuals.
What does economic contribution usually refer to?
Financial transactions between individuals and groups that reflect the value of goods and services.
What specific sectors dominate the UK economy?
- Service sector
- Retail
- Financial services
- Hospitality
What measurements are included when discussing horticulture’s economic contribution?
- Tax paid to the National exchequer
- Jobs created by economic activities
- Induced and indirect benefits
- Retail/wholesale sales
- Value of land and real estate
What was the economic contribution of the Ornamental Horticultural and Landscape sector in the UK for 2019?
£28.8 billion, including all direct, indirect, and induced spending related to the sector.
What was the direct contribution of the horticulture sector in 2019?
£13.8 billion.
What is the estimated potential future contribution of the horticulture sector by 2030?
£42 billion in the most positive scenario.
What are direct benefits in economic terms?
Benefits attributable directly to the activity involved.
What are indirect benefits?
Benefits that take place down the supply chain, related to purchases by other agents.
What are induced benefits?
Benefits that occur in unrelated activities but wouldn’t happen without the initial activity.
Sort the following into direct, indirect, and induced benefits: Employees of a landscaping company buying lunches at a nearby shop.
Induced benefit.
Sort the following into direct, indirect, and induced benefits: A landscaping company buying sand and cement from a contractor.
Indirect benefit.
Sort the following into direct, indirect, and induced benefits: A homeowner paying a gardener for their weekly services.
Direct benefit.
What is landscaping?
Landscaping is the sub-sector of horticulture that builds and maintains landscapes, grounds, gardens, and parks.
What was the direct economic contribution of the Ornamental Horticulture and Landscaping sector to the UK economy in 2019?
£13.8 billion
How much did landscaping contribute to the Ornamental Horticulture and Landscaping sector in 2019?
£7.7 billion
What percentage of the Ornamental Horticulture and Landscaping sector’s total contribution does landscaping represent?
Slightly more than half
How many people were employed in the landscaping sector in 2019?
Almost 240,000 people
What percentage of horticultural employment does landscaping account for in 2019?
57%