AQA • ULC ECONS
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intro to demographic transition - ANS -the story of the 20th century was one of massive demographic 
growth 
-within the lifetime of just our parents the population has over doubled 
-3 billion in 1960 
-7 billion in 2018 
-9 billion projection in 2050 
stage one of population growth - ANS -classic Malthusian trap of nature 
-this is typically very primitive societies trapped with the issue of not having enough food 
-high birth rates and high death rates 
-high death rates because of diseases a...
What are the 3 aspects of regeneration? - ANS - economic regeneration 
- social progress 
- living environment 
What are 3 ways we can measure the success of economic regeneration? - ANS Compare rates of 
- income 
- poverty 
- employment 
Before & after the scheme 
What are 3 ways we can measure the success of social progress? - ANS - reduction in inequality 
- reduction in deprivation 
- demographic changes like increased life expectancy, literacy rates, changes to lifestyle like smoking or 
o...
How has the function of Stratford changed overtime? - ANS Pre-industrial: known for its agriculture and 
farming 
Industrial: manufacturing- all jobs were in manufacturing 
Present day: retail, tourism, business 
What global influences have shaped the characteristics of Stratford? - ANS Globalisation caused the 
global shift which resulted in goods being cheaper to export overseas - this caused extreme deprivation 
in a manufacturing-reliant Stratford in the 1900s. Containerisation was far more ...
Causes of Economic Change in the UK: De-industrialisation - ANS - The north of England used to be a 
hub for trade with the United States of America and the British Empire. 
- Cotton and textiles were important English-produced commodities. 
- Cotton prices in England were benchmarked by the prices that were available in the market by 
Liverpool's port. 
- Since de-industrialisation, there are fewer jobs in manufacturing, in producing goods and in the north 
of England. 
Causes of Economic Chan...
Before Adam Smith - ANS - Aristotle 
- Scholastics 
- Mercentilism 
- Pre-classicist: David Hume 
- Quesnay & Physiocrats 
Aristotle (384-322 BC) - ANS Examples of reasoning about economic issues: 
1. Exchange can only come if there is a potential surplus from the transaction that parties can share 
o Money simplifies transaction 
2. Principle of diminishing marginal returns 
BUT, no understanding of the economic system as a whole yet 
Scholastics - ANS - Priests and teachers at medieval univers...