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What is MNC’s? How MNC’s can spread and get control over productions?

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NCERT Important Questions for Class 10 Social Science Economics Chapter 4
Social Science Class 10 Economics
Globalisation and the Indian Economy 4
Important Questions
Long Questions

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  1. MNC’s are Multinational corporations. It is a company that owns or controls production in more than one nation. MNC’s can spread and control by:

    1. Setting up joint production units with local companies.

    2. To buy up local companies and expanding its production base.

    3. Placing orders with small producers.

    4. By using their Brand.

     

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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