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Why are foreign countries building factories in Latin America?
Why are factories being built in latin America by foreign countries.
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
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
Are TNC's good or bad?
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.
Why do poor countries become poor?
i think countries become poor because of of bad country leader. this could lead to very high taxes that countries can not pay for, therefore they get poor.
Why TNCs have factories in poor countries?
the labour is cheeper
Why are countries keen to welcome tncs to invest in their countries?
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!
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 types of jobs did the poor do in the Victorian times?
Sure, in factories Sure, in factories
What are small factories that have poor working conditions called?
Such factories are referred to as 'sweatshops'. Though not all are small factories.
What are LEDC factories?
Ledc factories are factories in poor contury they just want to comitt suicide there life is that bad
What are some tncs?
BOOST
Why are foreign countries building factories in Latin America?
Why are factories being built in latin America by foreign countries.
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
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
Are TNC's good or bad?
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.
