4.1 Flashcards

(15 cards)

1
Q

Classifying economic activity: Types of economic activity

A
  • primary: extracting raw materials from the ground
  • secondary: manufacturing and processing raw materials
  • tertiary: services
  • quaternary: technology and research based
  • quinary: management
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2
Q

Classifying economic activity: Full time employment

A
  • fixed contract hours, minimum 35 hours
    ✅ consistent pay so allows budgets
    ✅ gives people stability
    ❌ not available for everyone as not flexible
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3
Q

Classifying economic activity: Part time employment

A
  • less than 35 hours a week
    ✅ employment rights
    ✅ increased flexibility
    ❌ lower paid
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4
Q

Classifying economic activity: Fixed term contracts

A
  • a contract with an end date
    ✅ guaranteed income
    ✅ can be renewed
    ❌ creates uncertainty
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5
Q

Classifying economic activity: Self employed

A
  • own your own business
    ✅ high pay ceiling
    ✅ flexible
    ❌ dependent on success of business
    ❌ no employment rights
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6
Q

Classifying economic activity: Permanent employment

A
  • contract doesn’t have end date
    ✅ offers stability
    ✅ ability to progress
    ❌ lacks variation
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7
Q

Classifying economic activity: Gig economy

A
  • short term free lance work
    ✅ flexible
    ❌ open to exploitation
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8
Q

Classifying economic activity: Temporary contract

A
  • for a short period
    ✅ good for experience
    ✅ potential for permanent position
    ❌ uncertainty
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9
Q

Classifying economic activity: Zero hours

A
  • guaranteed zero hours
    ✅ flexible
    ❌ unpredictable
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10
Q

Spiral of decline

A
  • Occurs when there are is a series of ongoing problems in an area
  • one problem can lead to another
  • this reinforces the original problem
  • eg deindustrialisation creating closure of factories leading to unemployment
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11
Q

What is brain drain

A
  • professionals move to areas with advanced employment
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12
Q

Differences in economic activity reflected in social factors

A
  • health inequality:those living in the most deprived areas spend nearly a third of their lives in poor health
  • life expectancy: males living in the most deprived areas can expect to live 9 fewer years
  • levels of education
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13
Q

variations in pay and life expectancy in London vs north east

A
  • London is more tertiary and quaternary sector - average wage of £44,370
  • north east is more secondary and tertiary - average wage is £31,000
  • Qol varies with male life expectancy in London being - 80
  • average male life expectancy in north east is - 63
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14
Q

Worcester vs watchet economic activity

A
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15
Q

Worcester vs watchet life expectancy

A
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