How did multinational form?

Multinational corporations (MNCs) formed as businesses expanded beyond their national borders to access new markets, resources, and labor. This globalization trend accelerated in the late 20th century due to advances in technology, transportation, and communication, making it easier for companies to operate internationally. MNCs typically establish subsidiaries or branches in different countries to leverage local advantages while maintaining centralized control over their operations. This structure allows them to optimize production, reduce costs, and enhance competitiveness on a global scale.