The Changing Economy Of The UK Flashcards
What Is the knowledge economy?
The knowledge economy is based on knowledge and mental skills.
What is the difference in tertiary jobs and quaternary ones?
Tertiary jobs provide a service whereas quaternary jobs specialise in IT, Science and requiring knowledge.
Where do knowledge based industry’s locate?
In cities so they are close together as they rely on each other to trade, furthermore there are a large number of people able to work there.
Some companies need space to set up such as research plants and biotechnology.
What are the reasons for working long hours on Canary Wharf ?
Work from early hours to trade with Asia and they stay late to trade with America.
Describe changes in tertiary and quaternary employment in the UK.
- Employment has increased in these sectors.
- Canary Wharf used to be a dock (primary/secondary employment) and is now large scale banking.
- using finance, law and IT to earn money, catering for a greater demand for services.
- biotechnology is another example of the increasing quaternary sector where companies work in big science parks like the JIC.
What type level of qualification are jobs usually in Rotherham?
Rotherham has the highest percentage of semi skilled and unskilled jobs in the UK
In Rotherham how many jobs are part time compared to Canary Wharf?
A quarter of all jobs are part time whereas in Canary Wharf most jobs are full time,
How temporary are the jobs In Rotherham compared to Canary Wharf.
Many jobs are temporary lasting weekend or months whereas jobs are permanent in Canary Wharf.
How do jobs in Rotherham and Canary Wharf affect pay and gender?
Canary Wharf jobs are especially male in banks and are high paid whereas jobs in Rotherham and mixed gender and low paid.
What three working categories link a jobs to there pay?
It is important whether a job is professional, skilled or semi-skilled because it links to pay. Usually professional jobs are the highest pay.
How many of London’s jobs are professional and managerial compared to Rotherham?
London has 50% of its jobs professional and managerial compared to 33% in Rotherham.
Why is the North East deprived?
High unemployment of the North East is above 11
Low average household income of £26,000
Many jobs are in the public sector which are less generous in times of prosperity and are being cut.
How can the deprivation of the North East be linked to a lower health.
Firstly depression causes increase in smoking and Drugs
Less food is eaten healthily as it’s easier and sometimes cheaper not to.
Less exercise is done as poorer people are less concerned about the long term benefits.
Why was the coal industry shut down?
Coal industry’s where being closed as thatcher was switching to Gas whilst coal supplies were running thin.
How did the steel industry shut down?
The steel industry used the coal to smelt the raw components, with less available coal and competition from overseas the industry began to close.
What were the 5 basic stages in the domino effect of the coal industry shutting?
Coal Steel Aluminium Ships Services
How did the aluminium industry become affected by the domino effect?
The aluminium industry also relies on coal, with less available coal and competition from overseas the industry shut down.
How was the 4th stage of the domino effect of the coal industry shutting down affected?
With less available metals and pressure from overseas the ship building industry closed down.
How were services affected by the domino effect of the coal industry ?
High unemployment reduces the money available for services and puts people in the sector out of work.
People also have a lower disposable income for shops and pubs.
How does the amount of people working in the South East, North East and London vary?
Percentages of people working in the tertiary and quaternary sector for the South East is 84.8%
North East is 46%
London 91.6%
Why may companies choose to move from the south east to the North East?
There is a larger group of people that may be willing to work for lower wages in the secondary sector.
There will with be more people that come equipped with secondary sector skills than the 84.8 % that work in tertiary and quaternary sectors in the south east.
