1. Key Question How have deindustrialization and the rise of service industries altered the economic geography of production? © 2012 John Wiley & Sons, Inc. All rights reserved.

2. Service industries (tertiary industries) encompass the range of services that are found in modern societies. Quaternary industries: the collection, processing, and manipulation of information and capital. Quinary industries: activities that facilitate complex decision making and the advancement of human capacities. How Have Deindustrialization and the Rise of Service Industries Altered the Economic Geography of Production?

3. Concept Caching: Mount Vesuvius Geographical Dimensions of the Service Economy Deindustrialization did little to change the basic disparities between core and periphery that have long characterized the global economy. The industrial zone of the northeastern United States (around the Great Lakes) lost much of its industrial base and is now commonly called the Rust Belt. The Sun Belt is a secondary industrial region that has made the transition to a viable service economy fairly successfully. © 2012 John Wiley & Sons, Inc. All rights reserved.

4. Technologies such as GIS can help to model the best locations for new businesses, office complexes, government centers, or transportation connections. Major retailers change the economic prospects and physical landscapes of the places where their headquarters are located. Ex.: Walmart The locational influences on quaternary services are more diverse. Those who work in the quinary sector tend to be concentrated around governmental seats, universities, and corporate headquarters. New Patterns of Economic Activity Geographical Dimensions of the Service Economy

5. High-Technology Clusters The goal of a high-technology corridor is to attract designers of computers, semiconductors, telecommunications, sophisticated medical equipment, etc. Ex.: California’s Silicon Valley Growth pole spurred economic development in the surrounding area. Technopole: an area planned for high technology where agglomeration built on a synergy among technological companies occurs. High-technology industries have become such an important symbol of the postindustrial world that local, regional, and national governments often aggressively pursue firms in this sector. © 2012 John Wiley & Sons, Inc. All rights reserved.

6. Tourism Services The tourism boom began in the global economic core as incomes and leisure time increased for a rapidly expanding segment of the population. Tourism is likely to continue to expand despite dips in travel at the beginning and end of the first decade of the twenty-first century. The economic impacts of tourist-related development are far-reaching. © 2012 John Wiley & Sons, Inc. All rights reserved.

7. Place Vulnerabilities in a Service Economy Mechanization can have a negative impact on service jobs. Places dominated by the service sector cannot exist without extensive connections with other places because those living in such places still need food and material products. Economic decision making in a globalized economy can easily become disconnected from the fate of individual places and regions. Ex.: the financial services industry © 2012 John Wiley & Sons, Inc. All rights reserved.