BPS Geography: IGCSE Development Key Words

Company that has the power to coordinate and control economic operations in multiple countries.

The increasing interconnection of the world’s economic, cultural and political systems.

The difference in wealth between richer countries(developed) and poorer countries (developing).

Investment by a trans-national corporation in countries other than it’s own.

The imagined line that separates the richer countries of the north from the poorer south.

A communist country (N. Korea and Cuba are two good examples).

Development that meets the needs of today without compromising future generations needs.

These have a high GNP per head due to high in demand natural resource.

A country that has only begun to develop very recently.

Countries in the developing world that have rapidly industrialised since the 1960’s.