Lesson 1 Flashcards
What is regeneration?
The process of improving a rural or urban area by making positive changes such as
Redevelopment
Renewal (Improving buildings)
Re-imaging
What is the primary sector?
Extraction of raw materials eg farming or mining
What is the secondary sector?
Manufacturing and processing iron and steel eg car manufacturing
What is the tertiary sector?
the service sector eg tourism and banking
What is the quaternary sector?
high tech research and design
What is the quinary sector?
Knowledge management, consultancy and leadership CEOs
What is the clark fisher model?
A model to show economic activity
What does the clark fisher model show about the primary sector?
it has rapidly decreased
What does the clark fisher model show about the secondary sector?
It has peaked in the industrial era and then decreased
What does the clark fisher model show about the tertiary sector?
it has rapidly increased
What does the clark fisher model show about the quaternary sector?
it is new as it is post industrial but rising quickly
What does the clark fisher model show about the quinary sector?
it is the newest sector and is rising steadily
