Unit 2, Scotland's Place in the Economy Flashcards

1
Q

What are the three different types of industry?

A

Primary, Secondary and Tertiary

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2
Q

Describe the Primary industry.

A

This is an industry employed in the extraction of raw materials such as coal and oil.

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3
Q

Describe the Secondary industry.

A

This category of industry is involved with taking the raw material and manufacturing it into a product.

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4
Q

Describe the Tertiary industry.

A

This is the selling of manufactured goods or providing a service.

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5
Q

What are some examples of Scottish industries?

A

Whisky, oil and tourism

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6
Q

Where is the main oil and gas hub in the UK?

A

Aberdeen

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7
Q

Where is the main hub for financial services in the UK?

A

Edinburgh

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8
Q

Where are ICT and electronic technologies mainly located?

A

Dundee

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9
Q

Where are whisky distilleries mainly located?

A

The lower parts of the highlands

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10
Q

Describe employment in different industries of the Scottish economy.

A

Health was the largest industry (16% of all employment) in terms of contribution to Scottish employment. Other industries with large employment bases were retail (9%) , accommodation and food services (7%), business administration and support services (7%), manufacturing (7%) and professional, scientific and technical (7%).

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11
Q

What did Scotland’s international exports contribute to the economy in 2018?

A

£33.8 billion

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12
Q

What did Scotland’s exports contribute to the rest of the UK in 2018?

A

£51.2 billion

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13
Q

What did Scotland’s exports to EU countries contribute to the economy in 2018?

A

£16.1 billion

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14
Q

What did Scotland’s exports to non-EU countries contribute to the economy in 2018?

A

£17.7billion

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15
Q

Why does Scotland specialise in the oil industry?

A

Because of the natural resources surrounding Scotland

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16
Q

Why does Scotland specialise in the tourism industry?

A

Because of the history and landmarks.

17
Q

What are two famous Scottish entrepreneurs and what is their business?

A

Tony Stones - Stoats

Fraser Doherty - Superjam

18
Q

What is the importance of entrepreneurship to Scotland?

A

-They create employment as their new businesses will employ workers

-They create wealth, they provide new income for people as well as increasing tax revenue for governments

-They contribute to research and development, their innovation provides new ideas for products and production processes

-Self sufficiency, entrepreneurs encourage a “do it yourself” culture which can be more innovative and risk taking.