Social Sciences, asked by beverlyevershed8882, 1 year ago

what changes do we find with d arrival of mnc's in the market..
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Answered by harshitadebu
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Prathik Bhat asked in Social Science

what changes do we find with d arrival of mnc's in the market.. 
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Antara Singh answered this
4912 helpful votes in Social Science, Class X

The changes that we find with the arrival of MNCs in the market include:
Positive:

Creation of job opportunities in the country

Access to the best of technology worldwide

Help to curb monopoly practices

A better variety of products at competitive prices to the consumers

Increase in the levels of industrial and economic development of the country

Disadvantages

Dumping of redundant technology/goods

Weeding out of domestic industrial units

Detrimental to the domestic industrial units

Causing undesirable flow of money in certain cases


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