Economic Futures in the UK (AQA GCSE Geography): Flashcards

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Economic Futures in the UK
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De-industrialisation meaning

Decline of manufacturing; growth in tertiary & quaternary sectors

Role of NEEs in UK economic change

Cheaper labour & goods (e.g. China, Malaysia, Indonesia)

UK now world centre for which industries?

Financial services, media, research, creative industries

Post-industrial economy definition

Manufacturing replaced by service, tertiary & quaternary jobs

Quaternary sector nickname

'Knowledge economy'

% of UK workforce in quaternary sector

15%

% in manufacturing now vs 1900

10% now vs 55% in 1900

M4 corridor location

London to Bristol

Science parks focus

Scientific & technical knowledge-based businesses (quaternary)

Typical science park location

Town edges, near transport links & universities

Business parks focus

Commerce & services (tertiary sector)

Birmingham Science Park established when?

1983

Birmingham Science Park specialisation

'Life Sciences'

Birmingham Science Park university link

Built adjacent to Aston University

Birmingham Science Park employment

22,000 people across 600 companies

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