answersLogoWhite

0


Best Answer

colonialism

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What concept refers to a global economy in which multinational corporations exploit people in low-income nations?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What concept refers to global economy in which multinational corporations exploit people in low-income nations?

colonialism


How have multinational corporations changed the global economy?

Multinational corporations have made it possible for goods and services to be provided across the borders. They are important in stabilizing the economies of various countries.


What are advantages of multinational corporations?

One advantage to having a multinational corporation is the fact that you can still generate revenues when one economy is suffering. Multinational companies don't have to rely on one economy to be successful.


How do countries protect their domestic economy from excessive influence by multinational corporations?

D. By requiring the multinational to export a certain percentage of its product.


How do countries protect their domestic economy from excessive you fluency by multinational corporations?

D. by requiring the multinational to export a certain percentage of its productE2020 :)


What are advantages of corporations?

One advantage to having a multinational corporation is the fact that you can still generate revenues when one economy is suffering. Multinational companies don't have to rely on one economy to be successful.


What is multinational economy?

help me with this question


What unethical practices are multinational corporations allowed under the global economy?

It is not unusual for them to get help from undemocratic governments that compete in the global marketplace by refusing to protect their citizens from environmental degradation and workplace abuse


Examples of multinational corporation?

A Multi National Corporation (MNC) or Trans National Corporation (TNC), also called multinational enterprise (MNE), is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation. The International Labour Organization (ILO) has defined "an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries".The first modern multinational corporation is generally thought to be the East India Company. Many corporations have offices, branches or manufacturing plants in different countries from where their original and main headquarters is located.Some multinational corporations are very big, with budgets that exceed some nations' GDPs. Multinational corporations can have a powerful influence in local economies, and even the world economy, and play an important role in Internaion Corporations are:Pepsi Co.Procter & GambleLever Brothers etc.


Why do some governments allow sweat shops to exist?

When a country is very poor like, Sierra Leone the only choice for the government to boost the economy is to let Multinational Corporations into their country to give the people money.


Why do corporations operate as the core of the US economy?

The US has a capitalistic economy that is based on business innovation and competition. Corporations are the ones that drive a capitalist economy.not helpful


Who runs America's Economy?

Corporations. Big business.