3.5 How globalisation causes structural change in terms of the decline of…
3.5 How globalisation causes structural change in terms of the decline of manufacturing and the rise of the service industry
The locational movement of manufacturing production in particular from Acs to EDCs and LIDCs from the 1970s onwards.
The change in the proportions of people working invidious economic sectors e.g. the change in Acs from secondary to tertiary employment.
The absolute or relative decline in the importance of manufacturing in the economy of a country or region.
Economic activities that produce food, fuel and raw materials e.g. extracting, agriculture, mining, forestry, fishing, quarrying, and water supplies.
Economic activities involving manufacturing industries e.g. processing raw materials, making semi finished and finished goods.
Economic actives providing services e.g. education, health, legal, financial, insurance and government.
Economic activities that provide services to other economic activities e.g. finance, research and development, advertising and consultancy, pharmaceuticals.
Post industrial society
A society and economy no longer dominated by the secondary sector, but one where the greater majority of people are involved in tertiary activities.
A very large company with factories and offices in more than one country which markets products and services worldwide.
Large group of people with strong bonds of identity, unites by a shared language, decent, history, culture and traditions.
A nation that has its own independent state; the boundary of the state coincide with the area inhabited by the nation.