GCSE Geography is full of short forms. This quiz helps you decode key abbreviations and acronyms so map symbols, case studies, and exam questions make much more sense.
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A characteristic of an LEDC is that a large proportion of the rural population are subsistence farmers and a lot of the export economy depends on agriculture
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LIC stands for Low Income Country
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The World Bank uses the Gross National Income (GNI) per capita to classify if a country is an LIC or an HIC
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They differ from LICs in that they no longer rely primarily on agriculture, they have made improvements in infrastructure and industrial growth, and are therefore experiencing an increasing GNI per capita and investment from overseas. Examples of NEEs are the so-called BRICS countries - Brazil, Russia, China and South Africa
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The HDI uses economic and social indicators to produce an index figure that allows a comparison between countries to be made
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A company that has operations (factories, offices, research and development labs, shops etc.) in more than one country. Many TNCs are large well-known brands
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The IMF is the International Monetary Fund. Countries contribute funds from which other member countries with balance of payments problems can borrow money
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Research and development is a quaternary sector industry
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It is the acronym for Gross Domestic Product
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It is the acronym for the Central Business District of a city and is usually represented as the inner circle on an urban model
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