Patterns of Production, Distribution and Consumption (AQA A-Level Geography): Flashcards

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Patterns of production, distribution and consumption
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Major global financial hub cities

London, New York, Singapore, Tokyo

Outsourcing definition

Relocating services to lower-cost countries

Quaternary sector

Knowledge-intensive goods/services needing R&D & skilled workers

Economies of scale meaning

Cost advantages from larger size/output/scale of operation

Four Asian 'tiger' economies

Hong Kong, Singapore, South Korea, Taiwan

BRIC economies stand for

Brazil, Russia, India, China

China's % of global manufacturing output (2018)

28.4%

UK manufacturing employment fall since late 1970s

Nearly 60%

USA's % of global consumption

29%

Number of internet users worldwide

4.5 billion

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