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Learning objective

Understand the variations in economic development across nations, focusing on the factors that contribute to these differences, such as international trade, globalization, income levels, productivity, population growth, the scale of primary, secondary, and tertiary industries, as well as aspects like savings, investments, education, and healthcare.

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Cambridge IGCSE EconomicsEconomic development

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Understand the variations in economic development across nations, focusing on the factors that contribute to these differences, such as international trade, globalization, income levels, productivity, population growth, the scale of primary, secondary, and tertiary industries, as well as aspects like savings, investments, education, and healthcare

  • This point belongs to Differences in economic development between countries, especially Differences in economic development between countries outcomes.
  • You need to be able to understand the variations in economic development across nations, focusing on the factors that contribute to these differences, such as international trade, globalization, income levels, productivity, population growth, the scale of primary, secondary, and tertiary industries, as well as aspects like savings, investments, education, and healthcare.
  • The key ideas to know are Describe, Explain, and Identify.
  • Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.

Key concepts

DescribeExplainIdentify

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Paper 2 structured question: Differences in economic development between countries

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Description

Factors Influencing Economic Development

Economic development is influenced by various factors including international trade, globalization, income levels, productivity, population growth, and the structure of industries.

  1. a

    State one factor that influences economic development

    Aim for approximately 1 distinct marking point.

    [1]
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