AQA GCSE Geography · 8035
Paper 2, Paper 3
The process through which an initial investment creates further jobs and income as businesses buy supplies and workers spend their wages.
Revise: Opportunities and Challenges of Urban GrowthThis creates a multiplier effect. For example, an oil-related business employs workers and purchases supplies. Its workers spend wages in local shops, while suppliers may take on more staff.
- Revise: Reducing the Development Gap
The additional economic activity created when an initial increase in spending or employment generates further spending and jobs.
- Revise: Economic Context and Industrial Structure of a LIC/NEE
3 more notes
- Revise: The Role and Impact of TNCs in Economic Development
The process through which an initial investment creates further spending, jobs and business growth in an economy.
- Revise: UK Infrastructure and the North–South Divide
The process through which an initial increase in investment or employment creates further economic activity as businesses and workers spend money.
- Revise: Geographical Context and Stakeholder Perspectives
The spread of an initial economic change through other businesses and jobs as spending changes.