Economic World Uk

• de-industrialisation


  The closing down of heavy industry eg steel and/or manufacturing
• global village


  An area where the manufacturing industry has been replaced by the service industry
• post-industrial economy


  The part of the economy that produces now managing farming
• primary industry


  The part of the economy that extracts raw materials
• secondary industry


  The part of the economy that turns materials into products (manufacturing food)
• tertiary industry


  The part of the economy that provides services eg school, transport
• quaternary industry


  The part of the economy that provides information and research services eg business consultancy, scientific research
• greenfield site


  An area of land that has not previously been built on
• brownfield site


  An area of land that has previously had industrial buildings on it and has been cleared for new building development
• urban


  Towns and cities
• counterurbanisation


  People leave cities to live in the countryside for a better quality of life
• sparsely populated


  An area with few people living there
• densely populated


  An area with lots of people living there
• rural-urban migration


  The movement of people from rural areas into urban areas
• Computers allow us to store and access data quickly
• The internet allows communication across the world
• People use their phones and tablets
• Robots are taking over jobs
• The ICT sector has grown significantly since 2007
• The ICT sector is important in the UK, contributing to 32% of the GDP and employing over 2 million people
• There has been a recent increase in the research and development sector, employing highly qualified people
• Science park


  A cluster of business, usually located on the edge of towns on cheaper land and near good transport links
• The University of Southampton has a science park
• Lack of affordable housing, higher petrol prices, and pressure on services like schools are economic changes
• Breakdown in community spirit, young people can't afford high cost of housing are social changes
• Trade


  The UK trades with the EU and USA and more recently China
• TV is the UK's biggest successful export, the English language is very important
• Books, music, and Heathrow are one of the world's busiest airports
• 99% of internet traffic passes through the UK
• The UK government is having to give subsidies to keep the best services going
• Schools are having to close due to lack of funding
• Many services such as post offices are closing down due to lack of demand
• The UK has an ageing population
• North


  Impacted by de-industrialisation, higher unemployment levels
• South


  Less affected by de-industrialisation, higher employment levels, higher population growth, higher house prices
• The UK government has invested in transport such as HS2 to help reduce the North-South divide
• The UK government has set up local enterprise partnerships to encourage investment in the North
• The UK voted to leave the European Union in 2016
• European Union (EU)


  The EU controls less, offers financial support for farmers and allows free trade between members
• Migrants from other European countries migrate to the UK for work