GEOGUNIT3: Development- Role and impact of TNCs

TNCs:

• The actions of different global organisations can improve or worsen the development.
• The most influential players in promoting ecconomic development are TNCs.
• The largest companies now match some countries in terms of wealth, power and trading.
• TNCs search for more effficient methods of production and cheaper locations for that production. They do this to maintain profitablility to reward shareholders.
• TNCs have naturally located in developed countries or in newly industrialised countries, eg South Korea and Taiwan.
• However, other areas of the world such as emerging…