Unit 3 Definitions Flashcards

1
Q

Tertiary Sector

A

The sector of the economy focused on the provision of services.

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2
Q

Redevelopment

A

Restoring an area by replacing derelict or unused buildings, and rebuilding areas.

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3
Q

Regeneration

A

The reversal of decline by making long term upgrades for an area, to create long term change.

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4
Q

Re-urbanisation

A

The movement of people back into urban areas who have previously experienced out migration, attracting more affluent members of society.

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5
Q

Gentrification

A

The displacement of working class populations in an area, as a more affluent population move in.

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6
Q

Local multiplier effect

A

The additional economic benefit from money being spent for every new job created.

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7
Q

Out of Town Developments

A

Shopping centres being built in areas of towns/cities where there is free parking, and other amenities.

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