Question

production across countries class 10th economics​

Answer 1

Answer:

Until the middle of the 20th century, production was organised within countries. Even in our country most of the production was in the hands of the government. But with the entry of MNCs (Multi National Corporations) the whole world market has changed.

IT MEANS GLOBALISATION WHICH IS USUALLY DONE BY A MNC COMPANY. IT MEANS THAT RAW MATERRIALS ARE EXPORTED FROM 1 COUNTRY THEN THEY ARE IMPORTED BY SOME OTHER COUNTRY WHERE THE GOODS ARE MANUFACTURED AND THE FINISHED PRODUCTS ARE SOLD GLOBALLY. THUMBS UP....PLSS.