TNCs Flashcards

(8 cards)

1
Q

What are TNCs?

A

A large company that operates in multiple countries around the world

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2
Q

How do TNCs work?

A

Headquarters in HICs+
Research and development in HICs
Production in NEEs

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3
Q

Benefits of TNCs (6)

A

Provides wealth and opportunities
More environmentally aware
Teach new skills
Improves quality of life for locals
Cheaper to buy products
Improves technological and medical advances

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4
Q

Problems with TNCs part 1(4)

A

Exploit cheap labour
Poor working conditions (sweatshops)
Overcrowding and slum conditions
Lose jobs

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5
Q

What did u find out about Nike? (negatives outside of work place) (5)

A

Burning rubbish gave cancer-giving toxins
Can only eat 2 meals a day
Not enough money to buy anything extra
Open sewer
9ft*9ft concrete boxes

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6
Q

What did u find out about Nike? (positive-ish) (4)

A

Employ 100 inspectors for 700 plants in 52 countries
Clean and well lit areas
Free education
(Hand picked) worker to talk to

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7
Q

What did u find out about Nike? (negatives of the work place) (7)

A

Overtime (15 hours a day,6/7 days a week)
$1.25
Harassed or even killed
Death threats
Arrested
For a $80 shoe,factory owner gets $20, worker gets $2
Strikes

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8
Q

Problems with TNCs part 2 (5)

A

Not given a livable wage
Poor quality of life
Even more poor working conditions (people)
Hire women for less pay and rights
Environmental degradation

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