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Paper 2

Changing Economic World

Both
Practice this
Industrial development skyline

Use indicators to show development levels.

Key Facts

  • Development is uneven within countries and between regions.
  • TNCs provide jobs but can cause pollution.
  • Aid and trade can help reduce the development gap.
  • The UK economy has shifted towards services and high-tech.

Key Equations

GNI per capita = total GNI / population

Topics Covered

Development Indicators

What you need to know

  • GNI per capita and HDI show development levels.

Exam Tips

  • Use both economic and social indicators.

NEE Case Study

What you need to know

  • Nigeria: oil wealth, regional inequality, and rapid growth.

Exam Tips

  • Include stats for population and industry.

Key Terms

Development

Improvement in quality of life and standard of living.

TNC

Transnational corporation operating in more than one country.

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Common Exam Questions

Explain one advantage of an aid project for an LIC.

3 markseasyPaper 2

Model Answer

Aid can fund clean water or healthcare, improving quality of life and productivity.

What examiners want to see

  • Clear benefit and linked impact.

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