Explain by giving any 4 reasons how mnc are considered harmful to the developing country ??

Dear student, 

The following can be some of the disadvantages of MNCs to the developing countries:
  • The MNCs may lead to creation of monopolies and concentration of economic power in a hand of only a few individuals 
  • They exploit the natural resources of the country to a large extent. 
  • They sometimes also gain the power to influence the political affairs and economic decisions of the country. 

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