Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
*Three Mark Question*
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Answer:
The cost of production is reduced considerably due to cheap labour and the MNCs earn great profits. So their factories are set up in those regions where they get cheap labour and other resources.
Answered by
2
The cost of production is reduced considerably due to cheap labour and the MNCs earn great profits. So their factories are set up in those regions where they get cheap labour and other resources.
Explanation:
Labour in developing countries are cheap and easily available. ... The markets in developing countries are very good for selling products and making huge profits.
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