Change in Manufacturing Location
- Created by: Al
- Created on: 11-06-13 17:00
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- Reasons why TNCs build factories in NICs
- Cheap Labour
- Minimum wage in NICs is often less than in richer countries such as the USA
- Prohibition of Strikes
- Money isn't lost waiting for employees to work
- Laxer Health and Safety Regulations
- Health and safety is often not enforced
- Less money has to be spent on it -it's cheaper
- Tax Incentives/Tax Free Zones
- Companies don't have to pay tax for a certain period of time
- Countries offer areas where companies don't have to pay tax
- Long Working Hours
- Rules aren't as strict - more work gets done
- Cheap Labour
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