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