What are the pros and cons of MNCs in the global southand as a whole has their presence there produced positive and negative effects?

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1047388

2026-04-10 17:05

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Negative:

- re-organziation of some industries takes control/access to those reasources out of the hands of it's producers

- Little interest of the individual

- Cost is high for poor countries(cannot afford)

- offer cheap labour

- Replaces traditional views with materialistic

Positive:

- MNC's have made food production and resource production more efficent

- gives wealth to developing countries

- Creates jobs

- allow the world to improve standard of living

- Gives access to quality products regardless of location

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