The Changing Economy of the UK Flashcards

0
Q

Biotechnology

A

Industry that applies science to global problems e.g. Pharmaceuticals, research into treating diseases

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1
Q

Automated factories

A

Factories where the majority of work is done by machines, or robots instead of people.

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2
Q

Brownfield sites

A

A piece of land which has been used, and abandoned, and is awaiting redevelopment.

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3
Q

Cycle of decline

A

Model to explain how an area can go into decline in several areas due to a loss of an industry/business.

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4
Q

Cycle of poverty

A

Model to explain how an area can be trapped in poverty.

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5
Q

Deindustrilisation

A

Long term, and absolute decline of secondary industry (manufacturing).

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6
Q

Digital economy

A

Jobs that are based on digital technology, such as IT, software etc.

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7
Q

Diversification

A

Creating varied industries, and economic activities so that if one fails, it won’t affect the others.

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8
Q

Domino effect

A

Model to explain how when one industry collapses, it will lead to the collapse of other businesses that rely on it. Often used to help explain the effects of deindustrialisation.

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9
Q

Freelancing

A

Work that involves taking on a single job without any commitment to further work once it’s finished.

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10
Q

Green employment

A

Employment that is in the ‘environmental’ sector e.g. Installing solar panels, designing sustainable buildings.

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11
Q

Greenfield site

A

A piece of land that has not been built on before.

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12
Q

Household income

A

Total income earned by everyone in a household, after paying tax.

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13
Q

Infrastructure

A

Essential services such as electricity, water, roads etc.

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14
Q

Knowledge economy

A

Economy based on knowledge, and mental skills.

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15
Q

Primary industry

A

Jobs that involve the extract meant of raw materials from the land, or sea e.g. Farming, fishing, quarrying, mining.

16
Q

Private sector

A

Jobs that are provided by private companies, and businesses.

17
Q

Public sector

A

Jobs that are provide directly, or indirectly by the government, such as civil servant, nurse, teacher, policeman.

18
Q

Quaternary industry

A

Jobs that involve providing information, or expert help e.g. IT services, biosciences, research, and devlopment.

19
Q

Secondary industry

A

Jobs in manufacturing, where raw materials are converted into finished products e.g. House building, car making.

20
Q

Temporary employment

A

Employment that is only for a short term period of time.

21
Q

Tertiary industry

A

Jobs that are providing a service e.g. Distribution, retailing, education, nursing.