Keywords. Flashcards
Manufacturing.
Making products from raw materials.
Industrialisation.
The growth of the secondary industry.
Retail.
Selling products in shops or online to consumers.
Exploitation.
Taking advantage of a person or people in order to benefit personally.
Consumers.
People who buy and use a company’s products and services.
Consumerism.
Encouraging the purchase of goods and services in increasing volumes.
Primary employment.
Jobs that collect raw materials from nature, such as farming or mining.
Secondary employment.
Jobs that produce goods from raw materials (e.g., manufacturing).
Developing Countries.
The world’s poorest countries with a low standard of living and quality of life.
Emerging countries.
Countries that are going through a process or rapid urban growth such as China and Brazil.
Trans National Corporation.
Businesses that operate in many different countries around the world, e.g., Apple or Nike.
Tertiary employment.
Service jobs in industries such as retail, education, finance, leisure, health, media, etc.
Migration.
The movement of people from one location to another for an extended period of time.
Quaternary employment.
Jobs that provide specialist information or skills, e.g. ICT, research & development, etc.
Outsourcing.
Getting businesses in other countries to perform some of your operations, e.g., Apple using Foxconn for some of its manufacturing.