changing the economic world Flashcards

UK (40 cards)

1
Q

what aer the four types of indusrtry/economic sectors

A

primary, secondary, tertaiiry, quaterbary

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2
Q

primary sectors?

A
  • industries extract raw materials e.g farming
  • prices fluctuate, unreliale
  • LIC
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3
Q

secondary sector?

A
  • manufacture products form raw materials
    E.G mumbai
  • NEE
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4
Q

tertiary sector?

A
  • industies that provide a service [time/knowledge]
    E.G canary warf finance
  • well educated population
  • HIC
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5
Q

quaternary sector?

A
  • high degree of research & technology [RND]
  • employ HIGLY qualifies ppl [near unis]
  • HIC
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6
Q

what occured in the 19th century in the UK?

A

industralisation

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7
Q

why did industrilasion happen? [benefits]

A
  • trade
  • education became compulsy = more educated ppl = better jobs [tertairy] QOL inc
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8
Q

what are the 3 reasons for economic change in the UK

A
  • deindustrialsation
  • goverment policies
  • globalisation
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9
Q

as of 2017 what population worked in the tertiary and quatenary sector

A

83%

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10
Q

what is de-industilasation

A

process of industrial base decline die to an increased [automation=technology/fmachines]

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11
Q

what does de-industralisation lead to?

A
  • unemployment in manuaftuctring sectors = subsequent growth in tertiarry and secondary
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12
Q

what is goverment policies

A

goverment descions on inverstment and support for buisnesses = affect the economy

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13
Q

government policies
- 1945-1979 what occured in the UK

A
  • goverment was spent PROPPING UP declining UK industries
    [dominated w econdary sector w tertiarry becoming more important]
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14
Q

government policies
in the 1980s

A
  • PRIVATISATION occured
    = lead to major job loss but increased effiancy
  • new private companies brought innovation
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15
Q

government policies
in 2010

A
  • REBALANCE
  • rebuilding the UKs manufacturing sector & relying less on services sector
  • encouraging TNCS
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16
Q

what occurs during globalisation?

A
  • lots of manufacturing moved overseas due to lower labour costs
  • TNCs have moved some of there Q/T operations to the UK
  • trade becomes increasingly important
    / improvemt of communications = can have buisnesses around the world
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17
Q

what sector are science and buisness parks in?

18
Q

where are science and buisness parks usually located?

A
  • rural urban fringe
    -near univeristies
  • near good transport links
19
Q

give a named example of a science park

A

cambridge science park

20
Q

what can of jobs are found at Cambridge science park?

A
  • biomemdical, IT , finance
  • BIOTECH company Abcam
21
Q

give info of Biotech company Abcam
[cambridge science park]

A
  • worth £1 billion
  • 200 employs
  • all have PHDs
22
Q

give a significant adv of science/ business parks?

A

mutiplier effect = colobrate w other buisnesses to boost there business/econmy

23
Q

disadvantages of cambridge as a location for industry?

A
  • overcrowded & congested city = difficult to drive/park
  • high house prices =expensive to live there
  • needs better connections w other cities [not London]
24
Q

advanatages of cambridge as location for industry?

A
  • uni gradeates = highly educated workforce
  • good transport links e.g London airport, M11
  • ## city offers a good QOL
25
why is transport important?
- faciltate people, goods services =economic growth
26
how is the UK improving airports? Give a named example
- new runway at Heathrow [£18.6 billion] - allow an extra 700 planes a day
27
disadvantges of new runway?
- increase noise and air pollution in the area - greenhouse gas emissions inc - aeration infastructure inc = co2 inc
28
how is the UK improving ports? Give an example & advantages
LIVERPOOL 2 [£300 million] - boosts econmy of North - West helps resolve North South divide - creates thousands of jobs - reduce traffic on roads
29
how is UK imporving roads?
2022 UK goverment announced 4 schemes to improve transport links & congestion = £160 million
30
give an example of road development?
South - West "super highway" - A303 - hundreds of job opps - reduces conjestion
31
disadvanTGes of the A303
- small regional impact - doesnt help the north south divide
32
how as the UK improved railway? Give a named examples
- London crossrail 32km = increase Londons rail capacity by 10% - 200 million passengers a year - HS2 propsed to link London to Manchester to decrease the North south divide = faster journeys in the UK
33
disadvanges of crossrail/HS2
cross rail - only regional significance - inc co2 emisions
34
give some info abt the inequality of investment spent of transport
- only the central corridor is being invested in - per capita expenditure on transport = hugeley conc on london [double most regions]
35
what is the example for place of population growth?
- South Cambridge
36
how is the poluation changing in Cambridge?
- increasing - estimated in 2031 population will be 182 000 - inc due to migrants from UK/abroad - 2031 35% of pop = over 65
37
give a reason why cambridge is a popular place to move to?
- univeristys = highly skilled
38
name 4 economic/ social effects of the population growth in South Cambridge:
- house prices inc = gentrification occurs, young ppl cannot afford [may move] - lack of affordable housing - high number of migrants have put pressure on services [inc costs] - inc traffic conjestion
39
example of place where population decline is occuring? what is the pop decline?
- Outer Hebrides - from 1901 has declined from 46 000 to 27 400
40
what are the problems with decreasing population in the outer Hebrides?
- 1950 900 fishing boats now = 10 - aging population = young people migrate away rural -urban - tourism is only seasonal & they have poor infastructure - number of childnren decrease = schools close - services close