The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.
Transnational corporations (TNCs) produce goods in Less Economically Developed Countries (LEDCs) primarily to take advantage of lower labor costs, which can significantly reduce production expenses. Additionally, LEDCs may offer tax incentives and less stringent regulations, further enhancing profitability. Access to emerging markets and raw materials in these regions also drives TNCs to establish production facilities there, allowing them to expand their global reach.
Raw materials are materials that are used in the productions of goods and materials. They are the very basic materials and are feedstock for finished products.
raw material are indirect material
why is fair trade good for LEDCs
The leaders of the LEDC countries are not sensible enough to realize that they need raw material processing economies, not the low economy of exporting them to other countries who engage their young ones in lucrative processing jobs to the detriment of their own countries young ones. They do not know that they need to create jobs at home by processing their raw materials, add value to them, export them at higher value and improve the standard of living of their people. The leaders of the LEDCs just do not know. They are just plain stupid. That is the reason. Plain Stupid.
The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.
raw goods
Raw materials
Trainers are often made in LEDCs (Less Economically Developed Countries) because of lower labor costs, access to raw materials, and favorable government policies that attract foreign manufacturers. Companies can take advantage of cheaper production costs in LEDCs to maximize profits while meeting high demand for affordable footwear in global markets.
the raw materials are water and carbon dioxide
Water and Carbon dioxide are the raw materials in Photosynthesis
The raw materials that are made out of silk are polyster.
what are the raw materials in food preservation
We call them raw materials. Raw materials are H2O and CO2.
Raw materials are materials that are used in the productions of goods and materials. They are the very basic materials and are feedstock for finished products.
Transnational Corporations (TNCs) often manufacture products in Less Economically Developed Countries (LEDCs) due to lower labor costs, relaxed regulations, and access to raw materials. This helps TNCs reduce production expenses and increase profit margins. Additionally, LEDCs often offer tax incentives and subsidies to attract foreign investment and encourage economic growth.