10th Class Social Science Globalisation Question Bank 10th CBSE Social Science Globalisation and the Indian Economy

  • question_answer
      What are MNCs?

    Answer:

                      (i) A MNC is a company that owns or controls production in more than one nation. (ii) These companies set up offices and factories for production in regions where they can get cheap labour and other resources. (iii) This is done to ensure that the cost of production remains low and the MNCs can earn greater profits.


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