TNCs Flashcards
(8 cards)
What are TNCs?
A large company that operates in multiple countries around the world
How do TNCs work?
Headquarters in HICs+
Research and development in HICs
Production in NEEs
Benefits of TNCs (6)
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
Problems with TNCs part 1(4)
Exploit cheap labour
Poor working conditions (sweatshops)
Overcrowding and slum conditions
Lose jobs
What did u find out about Nike? (negatives outside of work place) (5)
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
What did u find out about Nike? (positive-ish) (4)
Employ 100 inspectors for 700 plants in 52 countries
Clean and well lit areas
Free education
(Hand picked) worker to talk to
What did u find out about Nike? (negatives of the work place) (7)
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
Problems with TNCs part 2 (5)
Not given a livable wage
Poor quality of life
Even more poor working conditions (people)
Hire women for less pay and rights
Environmental degradation