Question

Nearly all major multinationals are American Japanese or European such as Nike Coca Cola Pepsi Honda Nokia etc.can you explain why..... please answer with context to chapter globalisation and the Indian economy.....no spam...

Answer 1

Industrialisation began from Europe and then spread to America and later to Japan. By the time India became independent; many companies of these countries had already become financially strong. This is the reason that most of the MNCs are from America, Europe or Japan.

Hope this helps!!☺

Answer 2

Answer:

America, Japan and most countries in Europe are developed countries with immense wealth. Companies in these countries are having a large number of surplus funds and so they can work as MNCs.

Advanced technology, better marketing strategies and continuous product innovations have led to the industrial progress of these countries and are in an advantageous position to collaborate and expand their business operations across the nations