Structural Change
Fundamental shifts in the composition of an economy, such as the decline of manufacturing and rise of services, often dr...
Real World
The UK's manufacturing share of GDP fell from around 30% in the 1970s to under 10% today, while the financial services sector boomed — leaving former steel towns like Consett with mass unemployment.
Exam Focus
Use 'winners and losers' framing in evaluate questions; identify which groups gain and which suffer to access top marks.
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