Unit 4 Changing places Flashcards

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1
Q

What is the quaternary sector?

A

The quaternary sector or the knowledge based sector of the economy is worth over 30 billion pounds to the UK.

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2
Q

What’s the percentage of the working population that work in the quaternary sector?

A

10 - 15%

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3
Q

What fields come under the quaternary sector?

A

> Research and development (scientific) - chemical engineering - new polymers, biomedical - new medicines, software development.
Creative industries - music composers/writers, artists- NOT SINGERS, film/media/movie creators and directors - production NOT ACTORS, architect - designing buildings
Education - university lectures who also carry out research for their lectures.

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4
Q

The growth of the quaternary sector has been driven by two main factors which are?

A
  1. Firms investing in larger research departments to help develop new products more quickly for saturated markets - constant innovation in mobile technology (updates)
  2. The expansion of universities and higher education has also been a major influence, driven by government recognition that a high-skilled workforce is vital for the UK’s continuing success.
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5
Q
A
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