Flashcards in Key Words Deck (18):
Investment in an area to make it nicer and gain more future investment and draw people in.
Raw materials, farming, mining
Manufacturing and processing
Service sector, tourism, banking, MOST POPULAR
High tech research and design
Knowledge management, consultancy
Information about the ethnic characteristics of a group of people.
People and population
Two tier economy
One group of worker earn more money then another group.
Spiral of decline
Factory shuts due to global shift, people lose jobs, people leave area, no investment, shops shut, vandalism.
People accept the conditions they find themselves in but feel powerless to do anything about it.
Roads, airports, trains, buildings.
Fracking (hydraulic fracturing)
Extracting oil or gas by injecting water, sand and chemicals into the ground to force cracks open and obtain the resources.
The area is advertised with a new packaging/image to change people's impression.
Opposite of the spiral of decline- multiplier effect, expansion of an industry causing expansion in other industries.
Quality of life
Health and happiness of people.
Changing the name or reputation to change people's views on the area