Theme 3 key words Flashcards
(31 cards)
Work?
Any occupation, paid/unpaid, formal or informal
Employment?
Regular trade or profession, in return for money
Unemployment?
Lack of paid work
Underemployment?
Insufficient paid work for an individual during the day or week
Employment opportunities?
Jobs that people, often unemployed, can apply for
Employment structure?
The number of people working in the primary, secondary or tertiary sectors
Labour intensive?
Industries that require a lot of people to work and run them effectively
Primary sector?
Industry involved in the extraction/exploitation of natural resources (e.g. mining, fishing)
Public sector?
Jobs provided and regulated by the government (paid for through taxes)
Private sector?
Jobs provided by companies not the government
Secondary sector?
Industry involved in the manufacture of goods and raw materials
Tertiary sector?
Industry involved in the sale of goods or provision of services (e.g. shopping, transport)
Quaternary sector?
Industry involved in the provision of information
Formal work?
Properly regulated work, part of wage taken as tax by government
Informal work?
Work done by people that is not recorded or regulated by the government. It is not controlled or taxed.
High tech industry?
The use of advanced technology in manufacturing
Knowledge intensive services?
The concepts that in many MEDCs employment is based on individuals knowledge
Knowledge economy?
Industries providing information services, such as completing or ICT
Economic activity?
Any human activity involving capital
Mechanism?
The transfer of work from people to machines and technology
Multinational company?
Large company with branches or production units in several countries
Inward investment?
Investment into a country/region from a MNC
Leap frogging?
When a country skips a stage in technology to go onto the next
Science parks?
A group of industrial building sued for research and design or high tech processes