Economic activity Flashcards
Primary sector
The extraction of raw materials and natural resources
Secondary sector
Processing raw materials into manufactured goods
Tertiary sector
Jobs that provide a service
Quaternary sector
The creation of information through research, development and IT
Location factors/ location of industry
The human and physical characteristics of a location that help ensure a business is profitable
Deindustrialisation
The decline in the secondary industry
Mechanisation
The increase in use of machinery in the primary and secondary industry
Post-industrial economy
An economy in which manufacturing declines to be replaced by growth in the service and the quaternary sector
Global shift
The movement of manufacturing industry to cheaper location overseas, often in developing countries of NEEs
Informal economy
Unregistered employment that doesn’t pay tax - not recognised by the government
Subsistence agriculture
Crops grown to eat instead of sell
Commercial farming
Crops grown to sell instead of eat
Renewable energy source
Sources of energy that won’t run out and don’t produce greenhouse gases
Non-renewable energy
Sources of energy that can’t be replaced once they are used up. They are finite
Energy mix
Combination of energy sources used by a country e.g geothermal, solar, coal, natural gas