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Loss of culture

Loss of traditional values

Some companies will have political power

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Q: What is the disadvantage of globalisation of TNC's?
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What can be done to make globalisation fairer?

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.


What does TNC have to do with Globalization?

TNCs affect globalisation in the sense that they find new ways to expand by expanding their factories in foreign countries or introduce a new product which the "foreign" country is not familiar with. This is an example of globalisation because they "break down" the traditional barriers of a country in order to introduce a new product which is seemingly uncultural to them


What are the components of globalisation?

Components of globalisation are as follows: 1. globalisation of market 2. globalisation of production 3. globalisation of technology 4. globalisation of investment


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What role do TNCs play in the global economy?

TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country


Who created globalization?

tncs created globalization


How has globalisation affected soverenignty?

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When did globalisation start?

when did the globalisation begin? help pleaseee


Is globalisation bad?

globalisation loses people job


Why TNCs have factories in poor countries?

the labour is cheeper


Why TNCs products are made in LEDC?

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Why is globalisation good and why is globalisation bad?

Globalisation is good because it helps in every field whether it is economical,political,industrial or professional