Emerging Economy
What Emerging Economy means in Geography GCSE, as defined for Pearson Edexcel.
Definitions of Emerging Economy
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Reference: Pearson Edexcel
A country that has some characteristics of a developed market, but does not yet meet standards to be a developed economy. Rapid industrialisation and growth.
A country that has some characteristics of a developed market but does not yet meet standards to be a developed country (e.g., BRICS nations).
Topics that use Emerging Economy
- Changing geopolitics and technology impact on the chosen developing or emerging country (Pearson Edexcel GCSE)
- There are positive and negative impacts of rapid development for the people and environment of the chosen developing or emerging country (Pearson Edexcel GCSE)
Related terms
- Foreign Direct Investment (FDI)
- Digital Divide
- Gini Coefficient
- Informal Economy
- Multidimensional Poverty
- Rapid Development
- Financial Inclusion
- Geopolitics
Using Emerging Economy 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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