Economic Futures in the UK (OCR GCSE Geography A (Geographical Themes)): Flashcards

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Economic Futures in the UK
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De-industrialisation definition

Decline of manufacturing (secondary) industry

NEEs examples from UK economic change

China, Malaysia, Indonesia

UK's current economic focus areas

Financial services, media, research, creative industries

Post-industrial economy definition

Manufacturing replaced by service & tertiary jobs

Quaternary sector alternative name

Knowledge economy

% of UK workforce in quaternary sector

15%

% of UK workforce in manufacturing now

10%

UK manufacturing workforce % in 1900

55%

M4 corridor (high-tech) location

London to Bristol

Science park definition

Scientific & tech knowledge-based businesses on one site

Science parks linked to sector

Quaternary sector

Business parks linked to sector

Tertiary sector

Birmingham Science Park establishment year

1983

Birmingham Science Park specialisation

Life Sciences

Birmingham Science Park employment

22,000 people across 600 companies

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