an economic phase where employment in manufacturing is replaced by employment in services and knowledge economies

a branch of industry that manages money and wealth, such as banking, insurance, fund management and taxation

money left over after someone has paid for their essentials such as food, bills and housing

an area of land dedicated to businesses specialising in science and technology

The post-industrial economy

Geography

This unit teaches economic change in the UK. Pupils will learn about the causes of economic change and the move to a post-industrial economy. Pupils will learn about economic developments in rural areas, developments in transport, the north-south divide and the role of the UK in the wider world.

Economic futures in the UK

{{}} is an economic phase where employment in manufacturing is replaced by employment in services and knowledge economies.

a branch of industry that manages money and wealth

money left over after someone has paid for their essentials 

land dedicated to businesses specialising in science and technology

Match the key words and their definitions.

Which of the following are features of working in the science and research industry?

{{}} services have seen dramatic changes in the post-industrial era as banks get larger and more global.

An economy focused on manufacturing and factories

An economy that moves away from manufacturing to services and technology

What does the term "post-industrial" refer to?

Which of the following industries is most likely to thrive in a post-industrial economy?

The money left after paying for essentials such as food, bills and housing

The income a person gets from selling goods

Money that a company spends on raw materials

They can spend money on goods, services, and leisure activities

What is a benefit of having higher levels of disposable income for people in a post-industrial economy?

Match the type of industry with its example.

They create new factories for manufacturing

They help businesses develop new technologies and innovations

They provide agricultural products for the economy

They are used for tourism and leisure activities

Why are science parks important for a post-industrial economy?

Exit Quiz