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Economic Change Key Words

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1Employment StructureThe proportion of people who work in each of the sectors of the economy.
2Primary IndustryThe Extraction of raw materials from the ground or the sea. E.g. farming, Fishing or Mining.
3Secondary IndustryThe Manufacturing of goods using raw materials from primary industries.
4Tertiary IndustryDoes not produce anything but often involves the provision of different services. E.g. Teachers, Lawyers and Sales Assistants are all tertiary occupations.
5Raw MaterialsAnything that occurs in a natural state that is useful to people.
6MechanisationThe increased use of machinery to do tasks that people once did.
7GlobalisationThe Process which has created a more connected world, with increases in the movement of goods and people worldwide.
8AccesibilityThe ease with which people can get to a particular place.
9DeindustrialisationWhen industry Moves Away from a area.
10Sectoral ShiftThe Gradual change from an economy based on primary sectors, to one based on secondary to an economy based on tertiary and quaternary industry.
11DevelopmentThe way a country progresses and improves over time, usually measured by rising incomes and better quality of life.
12InfrastructureThe Facilities which provide essential framework for industry. E.g. roads, Power supply and sewage.
13Quaternary IndustryConsists of those industries providing information services such as computing, ICT, Consultancy and R&D. Sometimes included as part of the tertiary sector.