Question

State the impact of Transnational Corporation on the common people

Answer 1

1. There is a migration (free flow) of skilled and unskilled labor across the world.
2. Indian employees of transnational corporations work in West Asia, Europe, and the USA.
3. Small-scale industries and small businesses encounter strong competition from transnational corporations.
4. Farmers are able to sell their goods to transnational corporations that bring new technologies for agricultural practices.
5. Farm products are exported in large quantities through transnational corporations.