Industry
- Created by: Aastha Mehta
- Created on: 12-12-13 17:25
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- TNC's (transnational corporations) Moving in to LEDC's
- Disadvatages
- most profits go abroad, not re-invested
- very few/no local people are employed
- TNC can leave suddenly without a warning
- levels of pay are lower
- operations may cause environmental damage
- raw materials not processed locally
- Advatages
- provides jobs
- guaranteed income
- improves skills
- helps country develop (brings foreign currency)
- development of infrastructure
- increased employment
- Increases demand for consumer goods and helps industries develop
- Disadvatages
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