TNCs are both good and bad depending on how you view it. TNCs ( Transnational Corporations) do depend on LEDCs (Less Economically Developed Countries) because it costs less to pay the workers in a LEDC then a MEDC ( More Economically Developed Countries). Although a TNC does pay about next to nothing, it provides a person from a LEDC to acquire new skills and also earn some money whilst doing this. But, whilst working for a TNC, all the profits go back to the country the TNC originated from and also anything produced from the LEDC will get imported back to the originating country meaning the LEDC gains nothing in the process. TNCs do provide the LEDC new technology they would of had access to before but the TNC may leave the country anytime if cheaper labour is found meaning sudden unemployment. TNCs usually leave a LEDC full of pollution. From that, TNCs are both good and bad depending on how one views it.
They're magical.
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
they attracted TNCs by the use of cheap labour and ease of entry
Good
Advantages are good for the person that has them.
Yes.
BOOST
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
tncs created globalization
the labour is cheeper
ukjk ukjk
diff.between mncs and tncs
This is because countries would want part of the money earned by the TNCs . so countries would want this kinds of Big companies such as apple company to have a brunch in thier country. TNCs help in globalization so countries would be more connected to the outside world!
Yes and No
To make globalisation fairer TNCs need to be less greedy and work with people like their workers, consumers and government. This would help by the TNCs realising how they influence countries and different people.
Ford, BP and McDonalds are just 3 of many TNCs
Cos it's cheaper to make and also the wages are lower, so the profit they Tncs get are higher. people have to work more, but still get paid less, you either do the work you get, or you loss your job, so the profit and wages are all cheaper
good