Examine the positive impacts that Trans National Corporations have in LEDCs in which they operate, giving specific examples.
Nike, one of the biggest Trans National Corporations in the world, based in Portland Oregon, now has factories in over 100 nations worldwide, most of these, of course being LEDCs.
China's 9.8% of annual economical growth is the result of TNC's such as Nike building plants in China, one of them built in Yun-nan province in southern China. The plant there has brought jobs to many people that otherwise will have no hope of any income due to lack of education or even manual labour skills. The workers here are paid around 2RMB a hour, and usually work 80 hours overtime a month. With all of this…
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- Examine the positive impacts that Trans National Corporations have in LEDCs in which they operate, giving specific examples.
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