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Why has numbers of TNCs grown?

Updated: 8/19/2019
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11y ago

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If your are from the 8.1 class then here it is - A transnational, or multinational, corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in one or more other countries. The subsidiaries report to the central headquarters. The growth in the number and size of transnational corporations since the 1950s has generated controversy because of their economic and political power and the mobility and complexity of their operations. Some critics argue that transnational corporations exhibit no loyalty to the countries in which they are incorporated but act solely in their own best interests.

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Richard

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Q: Why has numbers of TNCs grown?
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