Changing economy of the UK

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  • Created by: niamh123
  • Created on: 01-01-15 13:36
automated
machines and robots take over the work previously done by people
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depletion
using something to the point that the amount declines
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biotechnology
the application of science to global problems
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knowledge economy
an economy in which growth is dependant on the the quality quantity and accessibility of the information available. Education and knowledge can be seen as a business 'product'
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deprived areas
an area where there is high unemployment and lower income than average
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Heavy Industries
the manufacturing of large, heavy goods e.g. ship building
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public sector
the part of the economy concerned with providing basic government services e.g. NHS, state education
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Private sector
the part of a countries economy consisting of privately owned businesses
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Deindustrialisation
the decline in industrial activity in a region or country
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Diversification
creating varied industries and economic activities
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Brownfield site
an area of land that has previously been built on, and is suitable for redevelopment
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Greenfield site
an area of land that has not previously been built on
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Infrastructure
the basic facilities and services needed for the functioning of a community of society, such as transportation, power lines and communication systems
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Digital economy
based on digital technology
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green emlployment
jobs that are created to improve the environment e.g. building wind turbines
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Other cards in this set

Card 2

Front

using something to the point that the amount declines

Back

depletion

Card 3

Front

the application of science to global problems

Back

Preview of the back of card 3

Card 4

Front

an economy in which growth is dependant on the the quality quantity and accessibility of the information available. Education and knowledge can be seen as a business 'product'

Back

Preview of the back of card 4

Card 5

Front

an area where there is high unemployment and lower income than average

Back

Preview of the back of card 5
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