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 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.