Structural Economic Change

Question 1

economic restructuring

Answer 1

change in proportion of people working in different economic sectors eg. ACs = secondary to tertiary

Question 2

effect of positive economic change on place

Answer 2

PFL
establishment of large manufacturing plant = expansion of job opportunities = inflow of business and capital to satisfy local demand = rise in per capita income = higher tax base = increase gov spending power = improve physical infrastructure =

Question 3

positive of structural economic change on Acs

Answer 3

• growth in lids = increase export demand for Acs
• loss of mining and manufacturing = improved environmental quality
• greater industrial efficiency = development of technology = foreign investment

Question 4

negative of structural economic change on Acs

Answer 4

• job losses for unskilled workers
• job losses in certain industries = structural unemployment / deindustrialisation

Question 5

positive of structural economic change on LIDCs + EDCs

Answer 5

• higher export-generated income = promotes investment = multiplier effect
• leads exposure of technology, skills and labour productivity

Question 6

negative structural economic change on LIDCs + EDCs

Answer 6

• unlikely to decrease inequality, jobs concentrated in urban areas - in-migration
• over-dependence on narrow economic base
• ## environmental issues with rapid industrialisation