+2 votes
in Class 11 by kratos

Multinational Companies have done more harm than good. Explain.

1 Answer

+3 votes
by kratos
 
Best answer

Yes, I agree that Multinational Companies have done more harm than good. It is clear from the following disadvantages which it is creating for the economy.

  1. It disregards national priorities.

  2. It leads to creation of monopoly.

  3. It leads to depletion of natural resources.

  4. It leads to technology obsolete .

  5. It creates threat to national sovereignty.

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