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#1 |
Chief of the Boat
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One of my fundamental concerns is the fact that on previous economic/industrial downturns there was still a healthy apprenticeship scheme in many industries to help rejuvinate manufacturing etc. when the upturn came but today there are no such schemes or industry for that matter.
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#2 | |
Lucky Jack
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Oh, and for those who are not sure what I mean by Primary, Secondary and Tertiary industry, here's a quick link: http://en.wikipedia.org/wiki/Three-sector_hypothesis It was something I was taught in Geography which has stuck with me because it is a very true proposal in most instances. |
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#3 |
Fleet Admiral
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The problem is that by the time you have gotten to 3rd stage economy based largely on services rather that production, you have priced yourself out of the primary and secondary markets.
The only way you can compete then is to drop your salary which no-one wants to do because of the hit on standard of living. I don't know the answers but going back stages is not as easy as you might think unless people are prepared to forego their previous lifestyles. This only happens when the economic downturns bite hard enough on enough people to force large sections of the economy to shift direction. |
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#4 | |
Lucky Jack
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#5 |
Kaiser Bill's batman
Join Date: May 2010
Location: AN72
Posts: 13,203
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We've not much left in the primary, few people have the know-how to be in the secondary, that leaves everyone else answering phones - unless some bright spark decides to ship that out to India. Oh!
![]() And whilst I don't want to get into a political row, yes the Tories may have started the downturn in the loss of primary and secondary industries, but Labour have done little if anything over their 13 years in the hot seat to reverse this. Back OT, women (and men?) want equality, and this is just one more step towards something like that - still not equal in a lot of other areas, but slowly getting there. ![]()
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