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Special Economic Zone — Edexcel GCSE Geography B Definition | GradeGen

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Geography
Key terms
Special Economic Zone

GCSE Geography · key term

Special Economic Zone

Definition

A designated area offering incentives, such as lower taxes, to attract businesses and investment.

Used by Edexcel

How each exam board covers it

Edexcel GCSE Geography B · 1GB0

Paper 1

Special Economic Zones offer incentives such as reduced taxes. These policies can make it cheaper and easier for overseas firms to operate in India. India's FDI inflows reached US$45 billion in 2021, showing the scale of this connection with the world economy.
Revise: International role

Edexcel Geography B past papers

Related key terms

Core region
Economic liberalisation
Foreign direct investment (FDI)
Geopolitical influence
Multiplier effect

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Periphery region

Proportional flow-line map

Transnational corporation (TNC)