Economics A-Level
Savings Gap
What Savings Gap means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Savings Gap
The difference between the level of domestic savings and the level of investment needed to achieve a target rate of economic growth.
Topics that use Savings Gap
- Emerging and developing economies (Pearson Edexcel A-Level)
Related terms
- Human Development Index (HDI)
- Economic Development
- Microfinance
- Primary Product Dependency
- Trade Liberalisation
Using Savings Gap in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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