Economic Change
Economic change involves shifts in dominant economic sectors, employment patterns, and wealth generation. Common changes include deindustrialization (loss of manufacturing), tertiarization (growth of services), and transition from resource extraction to knowledge economies.
Real World
Sheffield's steel industry collapsed in the 1980s, leaving thousands unemployed; the city reinvented itself through the Advanced Manufacturing Research Centre, now hosting Boeing and Rolls-Royce.
Exam Focus
Use named examples with dates; 'assess' questions require weighing positives and negatives of economic change, not just describing it.
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