Wider geographical markets
What Wider geographical markets means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Wider geographical markets
Check what you remember
Read the wording for your board, then hide it and explain Wider geographical markets in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Markets created by the digital economy that enable consumers to purchase goods from global suppliers rather than being restricted to local retailers.
Topics that use Wider geographical markets
- How the digital economy affects markets and firms (Pearson Edexcel A-Level)
Related terms
- Cost structures
- Creative destruction
- Digital skills
- Market competition
- Micromarketing
- Profit and loss
- Social media
- Viral marketing
Using Wider geographical markets in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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