Topic Summaries

Strategies to reduce the development gap

GCSE > Geography > AQA > GCSE Geography Topic Summaries > Global development gap and global aid > Strategies to reduce the development gap
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  • Investment: TNCs or HICs invest in infrastructure and create jobs.
  • Industrial development: expands employment opportunities and boosts the economy.
  • Tourism: creates legal jobs, and workers pay taxes that support the economy.
  • Fairtrade: ensures farmers in LICs are paid fairly for their produce.
  • Debt relief: cancelling debts allows countries to invest in development.
  • Microfinance loans: small loans help individuals start businesses and improve livelihoods.

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