The Service Economy and its Social and Economic Impacts Flashcards

1
Q

In 2018, what % of UK workers were in the service sector?

A

83%

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2
Q

In 2018, what % of female UK workers were in the service sector?

A

92%

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3
Q

In 2018, what % of male UK workers were in the service sector?

A

71%

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4
Q

What is the increase in GDP that comes from the service sector from 1970 to now?

A

Was 55%, now 79%.

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5
Q

What is the name of the economy we currently have?

A

tertiarist economy

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6
Q

What was the cause of the initial growth in the tertiary sector?

A

Industrialists needed to finance growth, buy raw materials and market produce. It also grew as workers needed banks, insurance, lawyers and wanted recreational opportunities.

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7
Q

What constitutes a tertiary firm?

A

Firms selling knowledge, predominantly finance, law and marketing.

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8
Q

How did rising affluence impact the growth of the tertiary sector?

A

People want to invest, insure property and possessions, purchase goods and have leisure time.
More disposable income as a result of higher wages and a mortgage-free, ageing population led to growth of leisure.

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9
Q

How did technological change affect the growth of the tertiary sector?

A

It enhanced CBDs through skyscrapers allowing more compact working space, and public transport helped with proximity issues. Communications developments enabled communication over longer distances - MS Teams.
Rail travel and mandatory holidays gave rise to seaside resorts, air travel and overseas package holidays.

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10
Q

What % of all highly skilled jobs are in city centres, and how much more productive are they than non-urban areas?

A

72%, and are 21% more productive.

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11
Q

How many jobs in city centres do graduates take every year?

A

Half

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12
Q

Which specific industry account for 52% of all city centre employment?

A

Financial services

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13
Q

What is agglomeration?

A

The ability to benefit from proximity - sharing workforce, ideas and information. Knowledge spillover.

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14
Q

What are the accessibility benefits of being in a city centre?

A

Allows for better shopping locations for lower-income groups and more choice.
Out-of-town employment and shopping has less public transport and so can be inaccessible to lower income groups.

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15
Q

Which 3 cities attracted the most graduates in 2018?

A

Cambridge - 36%
London - 32%
Oxford - 31%

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16
Q

Is retail declining in cities?

A

Retailing often moves out of town - Westfield
Online shopping removes footfall
Jan 2019, 10% vacancy rate in city centres
Closed frontages alter images

17
Q

2008-2018, how many stores and employees did the 32 main retail failures affect?

A

12700 stores and 175,000 workers.
Toys R us, Debenhams, HMV, Maplin

18
Q

In 2018, what % of all retail was e-commerce?

A

18%, with sports goods and clothing accounting for 55% of that.

19
Q

What was the city centre like in the 19th century?

A

Rural to urban migration was occurring during the Industrial Revolution
URBANISATION

20
Q

What was the city centre like in the early 20th century?

A

Businesses began to agglomerate, and rapid suburban growth was encouraged by car ownership.

21
Q

What was the city centre like in the 1940s?

A

Heavily bomb-damaged, reconstruction required.

22
Q

What was the city centre like in the 1950s?

A

Rising car ownership resulted in suburbs being the preferred housing choice over the city centre.
DECENTRALISATION

23
Q

What was the city centre like in the 1960s?

A

Large-scale rebuilding, slum clearing, commercial buildings and increasing affluence.

24
Q

What was the city centre like in the 1970s?

A

Early gentrification and car dependence. Decline in manufacturing and offices sprung up outside of London.

25
Q

What was the city centre like in the 1980s?

A

Fewer restrictions on commercial space and outside of city centres were retail parks. Urban regeneration resulted in increased retail and offices
REURBANISATION

26
Q

What was the city centre like in the 1990s?

A

Expansion of tertiary economy
Growing use of ICT and telephones

27
Q

What was the city centre like in the 2000s?

A

Out of town development restricted and roads congested from over reliance on car travel.

28
Q

What was the city centre like in the 2010s?

A

Recession, retail vacancies rise and e-commerce takes over.

29
Q

What were the trends in city centre population in the late 1900s, and separately in the 2000s?

A

Decreased hugely during the 1980s-2000 but increased hugely again from 2000-now.

30
Q

What are the 5 main factors resulting in reurbanisation?

A

Flat/apartment building, permitted development rights increased, rapid population increase, an increase in student accommodation in city centres, and people wanting to live and work in city centres.

31
Q

What is an example of gentrification in London?

A

The ultra-wealthy have an average property portfolio of 28 million dollars, due to property ROI being so high, demand for accommodation increasing and the need for a home for their global lifestyle.

32
Q

What are 2 gentrified neighbourhoods in London?

A

Older industrial warehouses converted into luxury apartment blocks in Wapping and Battersea power station being converted into luxury high rises.

33
Q

What was the growth in the Milton Keynes service economy 1971-2009?

A

253%

34
Q

What is an example of deindustrialising urban areas shrinking?

A

Liverpool shrinking by 19%

35
Q

How successful have attempts to improve deindustrialising cities been?

A

Remediation or replacement with land reuse have had limited success - in Liverpool schemes have only produced 40% of the expected jobs.

36
Q

How has out of town retailing helped to increase the service economy?

A

The rise of superstores - big tesco
Outlets - Bicester village
Industrial estates
Clothing and furniture stores

37
Q

What are examples of rejuvenation of CC retailing?

A

Westfield creating a separate city centre, West Quay in a converted tyre factory in Southampton and Gunwharf Quays regenerating redundant industrial space into a shopping centre.