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Their people likely have poor educations and their companies likely have not invested in the latest technology of production.
Why are factories being built in latin America by foreign countries.
Private Companies
Because the rich people / countries want the poor people / countries to stay poor so they are rich. The poor not having many jobs and obviously money will take the amount they can get for the job. So the Rich companies give little money for the trade because there are so many unemployed thus the littlest of money being better than nothing.
Fair trade helps developing countries by providing opportunities for development to small companies and poor workers. Fair trade influenced the international trading system.
the labour is cheeper
Maquiladoras.
Keep your employees safe and in good health
There are large public limited companies. That had head quarter in one country. But operation branches,factories and assembly plant in other countries.
Their people likely have poor educations and their companies likely have not invested in the latest technology of production.
Sure, in factories Sure, in factories
Ledc factories are factories in poor contury they just want to comitt suicide there life is that bad
Such factories are referred to as 'sweatshops'. Though not all are small factories.
Why are factories being built in latin America by foreign countries.
Companies and factories.
Private Companies
Because the rich people / countries want the poor people / countries to stay poor so they are rich. The poor not having many jobs and obviously money will take the amount they can get for the job. So the Rich companies give little money for the trade because there are so many unemployed thus the littlest of money being better than nothing.