Countries should restrict foreign companies from opening offices and factories in order to protect local businesses. Do you agree or disagree?

Indubitably, the economy of each nation depends on the successful
business
of their native
people
.
However
, to prevent the local
business
of the citizens the countries should refrain from the multinational
companies
setting their
business
. I will completely agree with
this
notion and elucidate it in subsequent paragraphs for adequate reasons. To commence with, due to westernisation all young ones are allured by western culture and they prefer to purchase multinational brands
such
as ZARA, LEVIS, GUCCI, and so on
instead
of their traditional attires and in
this
way the traditional legacy is persisting in the nation.
Moreover
, the export of these brands costs more which alleviate the cost of the material which
subsequently
affects the pockets of the middle-class man.
Hence
, the set up of foreign
companies
not only affects the
business
of the
people
but the consumers
also
get everything at a high cost.
Furthermore
, irrefutably, these
companies
are helpful in exchanging the culture which is need of the hour. On the other side, these are boons for those individuals who put great endeavours to start their
business
but are not able to fulfil their dreams because these
companies
spend more money on commercials for selling their products which is impossible for a normal waged person.
Hence
, without any reputation, their local
business
shuts down before its opening. To recapitulate, the progress of the nation depends on the economy of their inherent
people
.
Hence
, higher authorities should take their best steps to protect the businesses of their
people
instead
of getting permission from foreign organisations to set their businesses.
Submitted by harman1992narain on

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