geo unit 3 2024 Flashcards
(39 cards)
MEDC
(More Economically Developed Country)
NIC
(Newly Industrialised Country)
LEDC
(Less Economically Developed Country)
Employment structure
The percentage of workforce in each sector
Manufacturing
Making things in factories
Goods and services
Goods - physical object
Services = actions carried out to meet ppl’s needs
globalisation
Growth of international integration
Model graph
Graph that shows the pattern of change rather than exact numbers
Unemployment
Unemployment means people want to work but can’t find a job.
Transnational corporation (TNC)
large company that operates in multiple countries, with headquarters in one country but branches, factories, or offices in others.
Primary
Getting raw materials from nature
eg of primary sector
Farmer, miner, fisherman,
eg of secondary sector
Factory worker, baker, car maker
secondary sector
Making things from raw materials (manufacturing)
Tertiary
Providing services to people
eg of Tertiary
Teacher, doctor, cashier, police officer
Quaternary
Using knowledge and research to help society or businesses
eg of Quaternary
Scientist, IT specialist, researcher
Taxes
Workers pay income tax, which funds the NHS, schools, police, and other services.
Why jobs matter
- People earn money by working.
- Jobs provide goods & services we all need.
the economy
All the buying, selling, making, and using of goods & services in a country.
Economic growth
Happens when more goods & services are made and bought — money flows more.
Economic shrinking
Happens when factories close, jobs are lost, and people spend less money.
FACTORS THAT INFLUENCE WHERE THE JOBS ARE
What materials we will need
Will we find people here with the right skills to work for us
What are the transport links like
Does the land or building cost a lot to buy or rent
Will the government give us a grant to set up here