REGENERATING PLACES - LESSON 1 - HOW ARE ECONOMIES CLASSIFIED Flashcards
What are the ways to classify the economy
Part-time
Full-time
Temporary
Permanent
Employed
Self-employed
Work from home
What is our local place
Birmingham
What is our contrasting place
Llandudno/Swansea either or
What is Birmingham and Swanseas manufacturing average by output area compared to the national average
B’ham: 11.58%
Swansea: 10.03%
National Average: 9.10%
What is the professional, scientific, and technical activities by output area of Birmingham and Swansea compared to the national average
B’ham - 4.75%
Swansea - 3.7%
National Average - 6.3%
What is primary industry
Raw materials eg. agriculture, forestry, mining and fishing
What is secondary industry
Manufacturing and assembly process eg. car manufacturers, builders
What is tertiary industry
Commercial services that support production and distribution eg. Insurance, transport, etc…
What is quaternary industry
Industry providing information services eg. ICT and consultancy
What is deindustrialisation
Reduction/removal of industrial activity or capacity
What is industrialisation
The development of industries on a wide scale in a region or country
What is pre-industrialisation
A place that has not yet become industrialised
What is post-industrialisation
The stage of economic development that follows industrialisation, moving into the service sector
What is industrial
The manufacturing or technically productive enterprises
What is Quinary industry
The highest levels of decision-making in an economy – eg. executives/officials in governments, universities, healthcare etc, concentrated in STEM employment.