Changing Economic World GCSE Geography Quick Fire Quiz
Test your knowledge of The Changing Economic World with this Quick Fire Quiz.
This quiz consists of 15 questions, including multiple-choice, short-answer and extended answer questions.
For multiple-choice questions, choose the correct answer.
Questions
What is the definition of development?
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Which of the following is an economic indicator of development?
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What is the Human Development Index (HDI) based on?
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What is a transnational corporation (TNC)?
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Define the term ‘globalisation’
Globalisation is the process by which businesses, ideas, and cultures spread across the world, increasing interconnectedness between countries.
Give two examples of how economic development can impact the environment.
Increased pollution from industrial activities and deforestation due to land expansion.
What is the Brandt Line?
A line on the map which separates the wealthier Global North from the poorer Global South.
Explain one way in which the UK economy has changed in recent years.
The UK economy has shifted from manufacturing to a service-based economy, with growth in finance, technology, and creative industries.
Name one advantage and one disadvantage of tourism in a low-income country.
Advantage: Provides jobs and boosts the local economy. Disadvantage: Can lead to environmental damage and dependence on seasonal income.
How can fair trade help reduce the development gap?
Fair trade ensures that producers in low-income countries receive a fair price for their goods, improving wages and working conditions.
Evaluate the impact of rapid economic development in a newly emerging economy (NEE).
Rapid economic development in an NEE can improve infrastructure, healthcare, and job opportunities but may also lead to environmental degradation and increased inequality.
Discuss the effectiveness of aid in promoting development.
Aid can provide immediate relief and support long-term projects, but it can also create dependency and may not always reach those who need it most.
What are the benefits and drawbacks of industrial development in low-income countries?
Benefits include job creation and economic growth. Drawbacks include pollution and poor working conditions.
How has deindustrialisation affected regions in the UK?
Deindustrialisation has led to job losses, economic decline, and urban decay in former industrial areas, but some regions have regenerated through investment in new industries.
‘The best way to close the development gap is through investment in education.’ To what extent do you agree?
Students should provide arguments for and against this statement, considering factors such as infrastructure, healthcare, and trade policies. A balanced conclusion should be drawn.
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