the labour is cheeper
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.
Poor countries have many poor people. Poor people want money. The most common way of legally obtaining money is to get a job. Most available jobs are concentrated in urban areas.
Japan and the United States pioneered the development of new industries by using microbes in factories. Both countries have been early adopters of biotechnology and have a history of incorporating microbial processes into industries such as pharmaceuticals, food production, and renewable energy.
Yes, there can be differences in responses to avalanches between poor and rich countries. Rich countries may have better infrastructure, resources, and emergency response systems in place to deal with avalanches, whereas poor countries may struggle due to a lack of funding, equipment, and expertise. This can result in poorer countries being less prepared and having more limited capacity to respond effectively to avalanches.
Farmers in poor countries will be less able to adapt their farming practices to deal with the changes required.Ordinary people will be less able to pack up and move to a better area.Ordinary people will be less able to buy extra food and shelter when needed.Governments in poorer countries will be less able to support and provide for their people in need, especially if there are large populations, or in times of famine or drought.
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!
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.
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.
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Why are factories being built in latin America by foreign countries.
Five countries that are home to a significant number of transnational corporations (TNCs) include the United States, Japan, Germany, the United Kingdom, and France. These nations host many of the world's largest and most influential corporations, benefiting from advanced infrastructure, strong economies, and favorable business environments. The concentration of TNCs in these countries reflects their global economic influence and innovation capabilities.
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.
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
tncs created 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