Deindustrialisation, Decentralisation and the Rise of the Service Economy

Question 1

Deindustrialisation

Answer 1

Long term decline of industry leading to significant social and economic change

Question 2

Decentralisation

Answer 2

Process of redistributing people, functions or power away from the centre periphery

Question 3

Service economy

Answer 3

an economy where primary economic activity is the provision of services rather than the production of goods. Includes
Tertiary activities: financial services, retailing, leisure, transport
Quaternary: computer software, internet software

Question 4

Factors explaining deindustrialisation trends

Answer 4

Reduced needs for labour
Reduced demand
Globalisation of manufacturing
Increased costs

Question 5

Social impacts of deindustrialisation

Answer 5

Increase in unemployment
Higher levels of deprivation
Out-migration of population, usually those who are better qualified
Higher levels of crime, family breakdown, alcohol and drug abuse
Loss of confidence and morale