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GCSE Geography · key term
A difficulty involving money, costs, employment or the resources needed to provide services and support livelihoods.
Used by Edexcel
Paper 1
Revise: Political and Economic Management of MegacitiesEconomic challenges concern costs, resources and livelihoods. They frequently overlap: deciding how to redevelop a settlement is a political choice, but it also affects land values, construction costs and residents’ incomes.
Political and economic challenges overlap: decisions about valuable land affect both who benefits and how development is funded.
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