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KS3 - UK Economy Key terms and definition
Key terms and definitions for KS3 UK Economy
Terms in this set (10)
The amount of money people have left after all essentials have been paid (e.g. bills, food etc.)
The way in which goods and services are made, sold and used in a country or area.
% of people working in different types of industry.
Items to be sold
The increasing links between countries around the world as a resultof the movement of goods, services and money.
Raw materials are extracted (taken) from the land and sea e.g. jobs in fishing
Involves research and development into new technologies / ideas e.g. research into renewable energy
Manufacturing (making things) from raw materials e.g. factory workers
Helping or doing work for someone
Providing a service to others - e.g. teachers
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