17 Explain one positive and one negative impact of de-industrialisation.

[hassanalizafar]

[KN] Deindustrialisation can increase jobs that require higher education and skills especially in the tertiary and quaternary sectors.
[APP] For instsance, as manufacturing declines in the UK more people are employed in finance,IT and digital marketing sectors.
[AN] This creates more professional opportunities encourages young people to gain better qualifications which raises overall productivityhence attracts foreign investment in service industries which increases income levels and improves living standards.
[AN+] Hence, the economy becomes more knowledge based leading to longterm innovation and sustainable growth.

[KN] However deindustrialisation can also cause job losses among workers who relied on factory employment(Structural unemployment).
[APP] For instance, when car factories close in developed countries like the UK many skilled factory workers lose their jobs and may struggle to find new ones in services.
[AN] This leads to longterm unemployment reducing consumer spending hence lowers business sales which causes regional decline and poverty hence increases govt spending on welfare.
[AN+] Therefour, Widens income inequality affected areas which may face depopulation making it harder for the government to revive local economies.

[Mustafa Khan]

kn]it can lead to rise in tertiary sector but can also lead to structural unemployment.
app]importance and wages of skillful labor will rise but unskilled labor will lose their job.
an]this will increase unemployment in the economy as mostly labors are unskillful, this will reduce income lvl of individuals, reduce consumer spending, which will effect the gdp of the economy.

[Tuqwa]

(KN):One positive impact of de-industrialisation is the growth of higher-skilled and better-paid jobs in the tertiary and quaternary sectors as manufacturing declines economies shift toward services like finance healthcare and information technology.(APP): For example many former industrial countries such as the UK have seen more employment opportunities in finance IT and education (AN):These sectors often require skilled workers and offer higher wages than traditional factory jobs.(AN+):As a result the overall standard of living can rise, and the country becomes more competitive in global knowledge-based industries.

KN:A negative impact of de-industrialisation is structural unemployment.When factories close many workers with specialised industrial skills lose their jobs.(APP): For instance factory workers may struggle to find employment in service industries because they lack the necessary training or qualifications.(AN): This leads to long-term unemployment and lower income for affected workers.(AN+): Over time, this can increase poverty levels and widen the income gap between skilled and unskilled workers, creating social and economic problems.

[Daris]

KN: One positive impact of de-industrialisation is the growth of higher-skilled and better-paid jobs in the tertiary sector.
APP: For example, as manufacturing declines, more people are employed in industries such as finance, IT, and education.
AN: These jobs usually offer higher wages and better working conditions, improving living standards. This also helps the economy shift towards innovation and knowledge-based growth, making it more competitive globally.

KN: One negative impact of de-industrialisation is structural unemployment.
APP: For example, factory workers who lose their jobs may not have the skills needed to work in the service sector.
AN: This can lead to long-term unemployment and lower incomes in former industrial areas. As spending falls, local businesses may also close, increasing poverty and regional inequality.