Unit 5: Changing Economy of the UK Flashcards

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1
Q

Automated Factories

A

Factories where the majority of work is done by machines or robots instead of people

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2
Q

Biotechnology

A

Industry that applies science to global problems e.g. pharmaceuticals, research into treating diseases

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3
Q

Brownfield sites

A

A piece of land which has been used and abandoned and is awaiting redevelopment.

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4
Q

Cycle of decline

A

Model to explain how an area can go into decline in several areas due to the loss of an industry/ business

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5
Q

Cycle of Poverty

A

Model to explain how an area can be trapped in poverty

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6
Q

Deindustrialisation

A

Long term and absolute decline of secondary industry (manufacturing)

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7
Q

Digital Economy

A

Jobs that are based on digital technology, such as IT, software etc.

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8
Q

Diversification

A

Creating varied industries and economic activities so that if one fails, it won’t affect the others

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9
Q

Model to explain how when one industry collapses, it will lead to the collapse of other businesses that reply on it. Often used to help explain impacts of deindustrialisation

A

Domino-effect

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10
Q

Work that involves taking on a single job without any commitment to further work once its finished

A

Freelancing

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11
Q

Employment that is in the ‘environmental’ sector i.e. installing solar panels, designing sustainable buildings

A

Green Employment

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12
Q

A piece of land that has not been built on before

A

Greenfield site

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13
Q

Total income earned by everyone in a household, after paying tax.

A

Household Income

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14
Q

Essential services such as electricity, water, roads etc

A

Infrastructure

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15
Q

Economy based on knowledge and mental skills

A

Knowledge Economy

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16
Q

Jobs that involve the extraction of raw materials from the land or sea e.g. farming, fishing, quarrying, mining.

A

Primary Industry

17
Q

Private Sector

A

Jobs that are provided by private companies and businesses

18
Q

Public Sector

A

Jobs that are provided directly or indirectly by the government, such as civil servant, nurse, teacher, policeman

19
Q

Quaternary

A

Jobs that involve providing information or expert help e.g. IT services, biosciences, research and development

20
Q

Secondary

A

Jobs in manufacturing, where raw materials are converted into a finished products e.g. house building or car making

21
Q

Temporary Employment

A

Employment that is for a short term period of time only

22
Q

Tertiary

A

Jobs that involve providing a service e.g. distribution, retailing, education, nursing.