10th Class Social Science Globalisation Question Bank Short Answer Type - Globalisation and the Indian Economy

  • question_answer
    What are the benefits of MNCs' production to the local companies?

    Answer:

    (i) MNCs can provide money for additional investments, like buying new machines for faster production.
    (ii) MNCs might bring with them the latest technology for production.
    (iii) MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of some of the developing countries.


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