Multinational corporations (MNCs) originated in the late 19th and early 20th centuries as businesses began to expand beyond their home countries to seek new markets, resources, and labor. The rise of industrialization, advancements in transportation and communication, and the need for companies to access raw materials and larger consumer bases facilitated this international expansion. Initially, MNCs were often involved in resource extraction and agriculture, but over time they diversified into various sectors, including manufacturing and services. Today, they play a significant role in the global economy, influencing trade and investment patterns worldwide.
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