Question 1: Define the term 'deindustrialization' and explain how it can impact employment in a town or city.

Answer: Deindustrialization refers to the decline of manufacturing industries in a region. It can lead to increased unemployment, reduced economic activity, and population decline in affected areas.

Question 2: Describe two reasons why some countries experience rapid economic growth.

Answer: Rapid economic growth can occur due to factors such as increased investment in infrastructure and technology, and the development of a skilled workforce that attracts foreign direct investment.

Question 3: Explain the concept of a 'post-industrial economy' and provide an example of a sector that might dominate in such an economy.

Answer: A post-industrial economy is one where the service sector becomes the dominant part of the economy, with manufacturing playing a smaller role. An example sector is information technology or finance services.

Question 4: Identify and explain two positive impacts of economic development on local communities.

Answer: Economic development can create jobs, improving standards of living, and can lead to better public services and infrastructure in the community.

Question 5: Describe a scenario where economic change leads to environmental challenges in a region.

Answer: Rapid industrial expansion may result in increased pollution, deforestation, and strain on natural resources, causing environmental degradation.

Question 6: Sketch a diagram that represents the shift from a manufacturing-based economy to a service-based economy. Label the main sectors involved.

Answer: A correct sketch would show two circles or blocks, one labeled 'Manufacturing' with a decreasing arrow, and another labeled 'Services' with an increasing arrow, illustrating the transition.

Question 7: Discuss how foreign investment can influence economic change in developing countries.

Answer: Foreign investment can boost economic growth by providing capital, creating jobs, and transferring technology, but it may also lead to dependency and environmental concerns.

Question 8: Sketch a flowchart illustrating the process of economic development from initial investment to improved living standards.

Answer: A flowchart should show: Investment -> Infrastructure Development -> Business Growth -> Job Creation -> Increased Income -> Improved Living Standards.

Question 9: Explain the term 'globalization' and how it has influenced economic change in local industries.

Answer: Globalization refers to the increasing interconnectedness of economies worldwide. It has led to the opening of markets, competition, and sometimes the decline of local industries due to cheaper imports.

Question 10: Identify two challenges faced by regions experiencing rapid economic growth.

Answer: Challenges include increased inequality and strain on infrastructure and public services.