MNCs

Question 1

Political power of MNCs?

Answer 1

• economic power has stopped ability of governments to regulate economy
• form well financed interest groups in nations to put pressure on governments to make decisions that benefit them
• ignore governments when their interests clash

Question 2

Positives of MNCs?

Answer 2

• bring jobs, technology, new skills
• tax revenue can be used to build schools, hospital, roads, weapons
• local business growth

Question 3

Negatives of MNCs

Answer 3

• alarming economic political and cultural power
• control jobs available
• control where goods and services are produced