Some people think developing countries should invite large foreign companies to open offices and factories to grow their economies. other think developing Countries should keep the large companies out and develop local companies instead. Discuss both views

welcoming
Suggestion
Welcoming
new ideas And
trade
via developed Countries is a healthy way to exchange Culture and innovation of some new ideas. Inviting foreign Companies to expand their
buisness
a commercial or industrial enterprise and the people who constitute it
business
has always been debatable and now it has become more controversial.
whereas
Suggestion
Whereas
Critics
thinks
Suggestion
think
that local Companies should
given
Suggestion
give
priority to
prosperous thier
Suggestion
their prosperous
prosperous their
buisness
a commercial or industrial enterprise and the people who constitute it
business
and company. In
this
essay we will have
discussion
Suggestion
a discussion
regarding both sides of
fence
Suggestion
the fence
. Critics agree that giving foreign Companies
previlage
a special advantage or immunity or benefit not enjoyed by all
privilege
privileges
privileged
to set up their
trade
And factories will boost their economies to rest at
back door
Suggestion
the back door
. In
this
way all the less known local factories will not only be dominated by developed foreign Companies but
also
will be easily taken over with time.
Moreover there
Accept comma addition
Moreover, there
will be
lack
Suggestion
a lack
of growth and infrastructure will fall
down thereby
Accept comma addition
down, thereby
Collapsing all the coal
buisness
a commercial or industrial enterprise and the people who constitute it
business
. To illustrate domestic cloth Companies nowadays have been Completely
over taken
catch up with and possibly overtake
overtaken
by foreign brands.
youngsters
Suggestion
Youngsters
are Completely Swayed by branded Clothes leading demolishing of local cloth Companies,
hence
fall down of economy.
on
Suggestion
On
the other hand, many minded people faster
this
thinking and even I am in Stand with
this
that all the developing nations should acknowledge the foreign Companies to Commence new offices and factories.
This
practice will not only benefit
developed
Suggestion
developers
developer
Countries to grow their
economy but
Accept comma addition
economy, but
will
also
boost the
trade
and Competition among developing Countries as well.
As a
result to
Accept comma addition
result, to
Compete with them local Companies will have to work
more hard
Suggestion
harder
and bring up with ample amount of new ideas And technique for
sake
Suggestion
the sake
of their survival
in
Suggestion
into
market.
furthermore
in addition
Furthermore
, intermixing of local and foreign Companies and factories will Allow us to share more rich foreign Culture and tradition.
This
will
inturn
Suggestion
in turn
bind society into one bead and feeling of brotherhood will strengthen the bond between two. In conclusion, to harmonise the above debate it is necessary government should Come into action and take necessary action. It should only allow some factories or
trade
to
setup
Suggestion
set up
its base
instead
of welcoming each And every bind of
company
Suggestion
the company
.
we
Suggestion
We
should only
incest
make an investment
invest
insist
those Company whom we think will benefit
as
The objective case of we, the persons speaking
us
in
near future
Suggestion
the near future
. In
this
way it will not only promote
trade
but will
also
stop Unnecessary hoppers to establish their roots in developing Countries.
Submitted by yashvardhan18717 on

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Topic Vocabulary:
  • Foreign direct investment (FDI)
  • Job creation
  • Advanced technologies
  • Skill development
  • Economic dependency
  • Infrastructure improvement
  • Homegrown industries
  • Equitable economic development
  • Cultural identity
  • Sustainable practices
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