What are the various ways in which MNCs set up, or control, production in other countries?
Various ways in which MNCs set up, or control, production in other countries are:
- MNCs set up production units close to the market so that they get cheaper labour.
- To increase production, MNCs collaborate with some local companies as the production rate would rapidly increase.
- MNCs buy local companies and expand their production with help of new
technology.
- They place orders for production with the small producers and sell these products under their own brand name to the customers worldwide.
Popular Questions of Class 10 Social Science - Understanding Economic Development
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The following table shows the proportion of adults (aged 15-49 years) whose BMI
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For each of the items given in Table 1.6, find out which country is at the top and
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Critically examine the progress of the consumer movement in India?
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Distinguish between open unemployment and disguised unemployment.
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Analyse the role of credit for development.
Recently Viewed Questions of Class 10 Social Science - Understanding Economic Development
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For each of the items given in Table 1.6, find out which country is at the top and
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Mention some of the rights of consumers and write a few sentences on each?
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The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words. - Q:-
Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.
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Distinguish between open unemployment and disguised unemployment.
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Using examples from your area compare and contrast that activities and functions
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Match the following.
(i) MNCs buy at cheap rates from small producers
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Automobiles
(ii) Quotas and taxes on imports are used to regulate trade
-
Garments, footwear, sports items
(iii) Indian companies who have invested abroad
(c) Call centres
(iv) IT helped in spreading of production of services
(d) Tata Motors, Infosys, Ranbaxy
(v) Several MNCs have invested in setting up factories in India for production
(e) Trade barriers
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What is the basic idea behind the SHGs for the poor? Explain in your own words.
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What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
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