post industrial economy and rural areas

Cards (27)

  • Post-industrial economy
    One that replaces manufacturing with service industries (also known as tertiary industries)
  • Quaternary industry
    • Developing in the twenty-first century UK
    • Also called the 'knowledge economy'
    • Involves research and development
    • Includes IT, new creative industries and biotechnology
  • Estimates suggest 10-15% of the UK workforce is employed in quaternary sectors, though it is hard to determine because it overlaps with the service sector
  • Information technology
    Has transformed lives in the UK and has encouraged economic growth
  • Impact of information technology
    • 1.3 million people employed in IT
    • Homeworking and self-employment due to the internet
    • UK viewed as one of the top IT countries in the world
    • Investment in technology companies totalled £6.3bn during 2018
    • Technological developments have led to growth of specialist manufacturing services, service and research
    • Information can be accessed anywhere using mobile devices
    • Turnover of digital technology companies grew by 4.5% between 2016-2017, compared to 1.7% growth in UK GDP
  • Technology investment
    • London-based technology businesses raised £9bn between 2015-2018
    • Cambridge picked up £583m of funding over the same period
  • The UK represents a global centre of technology talent, accounting for 5 per cent of all high-growth technology workers employed globally. Only Germany, amongst the UK's European rivals, employs more people in the technology sector
  • Service industries
    • Provide support rather than manufacturing products
    • Largest sector in the UK economy both in terms of people employed and economic output
  • Financial services
    • Employ over 2 million people and account for 10% of the UK's GDP
    • UK is a leading financial centre, with London at its centre
    • Financial services are the most significant contributor to job creation in the service industry
  • Research and development
    • Part of the rapidly expanding quaternary sector
    • Contributes over £3 billion to the UK economy
    • Employs over 60,000 educated people
    • Involves biomedical, computer and environmental sectors linked to UK universities
    • Conducted by UK government and private companies
  • Science and business parks
    • Important aspect of developing the UK's post-industrial policy
    • Science parks typically located on edge of university cities
    • Have good transport links and attractive environments
    • Sometimes located close to or within university grounds
    • Graduates often employed to apply knowledge and experience to innovative businesses
    • Businesses often link closely to local universities and tap into their research and development
    • Over 100 science parks in the UK employ around 75,000 people
  • Science parks
    • Cambridge Science Park
    • Oxford
    • Southampton
    • Newlands Science Park at Hull University
  • Business parks
    • Areas with a small group of businesses in the same land area
    • Often located on edge of major urban areas with good communications and cheap land
    • Can contain range of businesses, from small-scale manufacturing to research and development
    • Businesses can benefit from supplying goods and services to each other
  • Rural landscapes in the UK
    • Experiencing significant change
    • 19% of the population live in rural areas
    • Population in most rural areas is growing due to counter-urbanisation
    • Population of urban environments is growing more rapidly than in rural areas due to natural increase and immigration
  • Greenbelt
    An area of green, open space where development is restricted
  • Urban areas would have experienced much more significant growth
    If it was not for the protection of greenbelts
  • There is increasing pressure on the UK government to allow development within greenbelts due to the housing shortage the country is facing
  • Even rural areas furthest from urban areas are becoming popular with tourists and second homeowners
  • House prices in rural areas have increased significantly due to the increased demand for housing
  • The rising cost of properties in rural areas has made homes for local people unaffordable in some areas
  • This has led to more people having to rent or move to another area where they are more likely to afford to buy a property
  • Southeast England

    • Experiences the most significant pressure on rural areas in England
    • People with jobs in London want to live in a more attractive environment which brings a range of benefits and problems
  • Benefits of population growth in rural areas
    • Increased demand for goods and services helps ensure the future of rural shops, schools and businesses
    • Provides balance to rural-urban migration, particularly as young people move away in search for better opportunities
    • New people are more likely to invest in new, local businesses
    • New developments in rural areas provide jobs
  • Problems of population growth in rural areas
    • Rural areas can lose shops as commuters buy products in supermarkets in urban areas on their way home from work
    • The increase in 'outsiders' can change the social fabric and rural culture
    • Older people tend to move to rural areas, which raises the average age
    • House prices often increase rapidly due to wealthy newcomers, pushing out local people
    • Car owning commuters do not require public transport, so services may be reduced, affecting local people
    • Resentment may is felt towards new members of the rural community
    • Modern developments in rural areas cause tensions with the local community
    • The sale of agricultural land in rural areas can lead to unemployment in the local community
  • The Outer Hebrides have experienced a 50 per cent decline in its population since 1901, mainly due to young people moving away
  • Social impacts of population decline in the Outer Hebrides
    • School closures could result from fewer children
    • An ageing population, caused by the migration of young people, will require higher amounts of social care, which will have social and economic impacts
    • A further decline in the fishing and farming industry due to the ageing population
  • Economic impacts of population decline in the Outer Hebrides
    • Maintaining transport services such as ferries and other services is very costly
    • There has been a significant decline in traditional fishing for lobsters and prawns
    • Tourism has become an essential source of income. However, the infrastructure is struggling to cope with this
    • Shellfish catches have increased, due to more foreign boats