MNC - Benefits & Drawbacks to a Country's Economy

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Effects of MNCs on a country's economy.

𝒫𝑒𝓃𝓃𝒾𝑒

Singapore

#	Player	Accuracy	time
1	𝒫𝑒𝓃𝓃𝒾𝑒 February 5, 2026	% 100	00:16

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Fill in the Blanks MNC - Benefits & Drawbacks to a Country's EconomyOnline version Effects of MNCs on a country's economy. by 𝒫𝑒𝓃𝓃𝒾𝑒 1 When MNCs set up factories or offices , they create many for local people . Foreign companies bring in and new . This increases production . Sometimes goods are to other countries , which increases . There are more and products available in the market . This also increases competition , which can lower and improve 2 Local businesses may not be able to competition and be forced out of business . Multinational businesses are often more efficient and , as they benefit from , have lower costs than local businesses . MNCs may extract natural resources without adequate environmental safeguards . This harms the environment , increasing long - term and economic costs due to and resource Overreliance on MNC creates economic . Because of this , they can the government and the economy , threatening them that they would and make workers if they are not given grants or their requests are not fulfilled .