Unit 2 - Topic 5 Flashcards
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Accessible
Easy to get to and from
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Ageing population
When the proportion of older people rises
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Reasons for rising population (2)
Longer life expectancy / falling fertility rates
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Business parks
Areas specially designed for businesses
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Connectivity
How easy it is to connect with other places (usually through travel)
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Conurbations
A continuous urban or built up area (surrounding a central urban district)
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Reasons for conurbations (1)
People commute to cities from towns because it’s too expensive to live in city
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Core regions
Urban areas that drive economy
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Deindustrialisation
- Closing industries
- Decreased economic activity in secondary and primary sectors
- Unemployment
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Decentralisation
Shift off retail from Central Business District (CBD)
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Depopulation
Decline of population
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Deprivation
A lack of wealth and services
(Low standards of living)
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Diversification
Growth of business and the products it sells
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Enterprise zones
Areas where the government gives:
start up funds to companies
Reduced taxes
Super fast broadband
To encourage business
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Environmental quality
Environmental conditions - that affect humans
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Ethnicity
National, racial, cultural origin
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EU grants
Funds from EU to poorest regions
Poorest = <75% of average GDP
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Footloose
Companies not tied to a location
(Usually high tech)
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FDI
Foreign direct investment
Investment one country to another r
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Free trade
Tariff free flow of goods and services
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Globalisation
Increased connections between countries
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Immigration
People moving to another country to live there permanently
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IMD
Index of multiple deprivation - measure of deprivation
Based on factors such as quality of services and income
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Infrastructure
Basic physical and organisational structures and facilities
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Knowledge economy
Economy based on specialised knowledge or skill (tertiary and quaternary sector employment)
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Migration
Movement of people from one place to another r
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Multicultural
Variety of culture/ethnicity
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Multiplier effect
When businesses invest in an area, creating more jobs, housing and services, in turn attracting more people.
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New economy
Majority Economic activity based on knowledge and information
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Northern powerhouse
Major core region of cities in north England which can drive economy of north England
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Old economy
Based on traditional primary and secondary industries
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Population density
The average number of people in a given area, in people per km squared
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Primary sector
Involved in getting raw materials from environment
(Farm, fish, mine)
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Privatisation
Change in Ownership of services from public (government/ local council) to private (shareholder)sectors
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Quality of life
How wealthy someone is in terms of income and services and environment
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Quaternary sector
Based on specialised knowledge or skill
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Radial network
Road network that meets in the middle
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Regeneration
Redeveloping former industrial areas to improve
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Regional development grants
Grants and advice to help businesses start
Usually small grants
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Retail park
Shopping area on edge of a town/city
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Rural periphery
Area away from urban core
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Rural urban fringe
Area where the town or city meets the countryside