EQ1 Flashcards
The four economic sectors are?
Primary (agriculture, forestry, mining, fishing)
Secondary (manufacturing)
Tertiary (retail, services, office work)
Quaternary (scientific research, ICT)
What is a permanent contract?
No fixed date when employment will end
benefits - pensions etc
What is a temporary contract
set date for end of employment
benefits not incluided.
Define regeneration?
Redeveloping former industrial areas or outdated housing to bring about economic and social change
What is a full time job
35 hours or more per week
What is self employed
someone works for themselves
provide services for fee not a salarie
What is a part time job
permanent contract but with fewer hours than a full time.
have same benefits but proportionally
What are two long term economic changes in the uk
Primary and Secondary sector is declining
Tertiary and Quartenary is growing
Define rebranding
When places are reinvented for economic reasons, and then marketed using its new identity to attract visitors
Why did deindustrialisation occur
Global shift
British manufacturing is more expensive - higher wages
What is the ‘new economy’
Shift from primary and secondary to tertiary and quarternary
Where do quarternary industries mostly locate
With high financial incentives (low tax)
Connectivity (transport links)
What is another name for the quarternary sector
The knowledge economy
Why is income in london the highest?
Capital city - senior positions, major company headquarters
People working in the knowledge economy (Docklands) get higher incomes
What percent of jobs are in the three highest income catagories in London
58%
What is the relationship between health and income
As deprivation increases, there is more people that has bad health according to the 2011 census
What percent of jobs are in the three lowest income catagories in London
22%
Give examples in variations in quality of life
According to the happiness map, housing affordability is directly proportional to happiness
What is the relationship between occupation and life expectancy
As there are higher occupational groups, life expectancy increases by 5-6 years and vice versa
what were the 4 main reasons causing the decline of the Docklands
-factories
-containerisation
-port industry
-size of ships
What were the impacts of the docks falling into disuse
Between 1978 and 83, 12000 jobs were lost - 60% of males in london were unemployed
The river from tower bridge consisted of derelict wharves - bad image
Nearby industries closed - needed imports