Changing Economic World
Employment changes:
- Primary Industry employment has been decreasing steadily
- Secondary Industry rose until 1900s then started to decrease
steadily
- Tertiary Industry steadily increasing and then a rapid increase
- Quaternary Industry only recently increasing due to technology
De-industrialisation:
- Cheaper labour costs in other countries - produce cheaper good (China,
Malaysia, Indonesia)
- UK - high labour costs & outdated machinery - reduced investment
- Decrease in Secondary Industry = Increase in Tertiary & Quaternary
- De-Industrialisation
- loss of jobs
- Areas become abandoned & derelict
- Benefits:
- Secondary industries polluted environment
Science & Business Parks:
- Science park
- Group of scientific & technical knowledge-based businesses
located on a single site
- Near Unis - use facilities & employ skilled graduates
-
Business park
- Are of land occupied by a cluster of businesses
- Based on the edge of towns
- Land cheaper
- Access good for workers
How They Offer Regional Economic Growth