TNC, Clark Fisher Model Flashcards

(7 cards)

1
Q

What is a TNC

A

A transnational corporation is a corporation that operates in multiple countries around the world

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2
Q

What do TNCs do to save money

A

They make sweatshops in places where the wage + cost of rent is less

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3
Q

Pre Industrial

A

Before Industrial Revolution

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4
Q

Primary

A

High pre industrial, rockets down

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5
Q

Secondary

A

Fluctuates throughout

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6
Q

Tertiary

A

Starts quite low, rises during and after IR

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7
Q

Quaternary

A

Starts Post Revolution, goes up

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