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Unit 4 Ch 4 : Globalization and the Indian Economy — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 4 : Globalization and the Indian Economy3 Marks
Question
Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways.
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Answer

Multinational Corporations are spreading their productions in different ways:-
  1. By setting up partnership with local companies.
  2. By placing orders with local companies. eg: Garments, Footwear, Sports items etc.
  3. By closely competing with the local companies.
  4. By buying local companies- eg: Cargill buying Parakh foods in India.

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