Some people believe that activities of large multinational companies mostly benefit the economies of developing countries, other people take the opposite view and feel these large multinationals are harmful. Discuss both views and give your opinion.

The

world

has been becoming a global place for the

last

five decades.

This

situation brings several new concepts with it

such

as multinational institutions, multinational organizations, and so on. Some groups of

people

think that cosmopolitan

companies

are mainly good for the economical status of growing

countries

,

on the other hand

, a number of

people

do not agree with

this

idea. In

this

essay, I am going to talk about both sides of view and explain my view of opinion.

Firstly

, thanks to rapid and solid developments in technology and transportation, the

world

has become a well-connected place. While the link between

countries

is enlarging,

companies

seeking ways that they can make profits from other nations, especially, the

countries

that are developing.

For example

, the organization called Coca-cola has plenty of establishments in the entire

world

,

this

company supports and increases the economy of

countries

for gaining money.

This

is basically a win-win case for both the company and the country.

Secondly

, multinational

companies

are beneficial for developing

countries

Change noun form

countries'

country's

show examples

economies,

although

there are some opposing ideas. The

people

are complaining about cosmopolitan

companies

' existence because of their nationalist ideas. But, it should be emphasized that it is not possible in the contemporary

world

. To illustrate, one of the most significant developing

countries

,Turkey ,started to grow at the beginning of the 2000s with multinational

companies

helps

such

as Coca-Cola, Vodafone, Qatar Airlines and so on. If Turkey sought a way that named a closed economy, Turkey would not be grown as much as it now.

Hence

, these are why multinational

companies

are advantageous for growing nations. In conclusion,

although

some

people

say that multinational

companies

have disadvantages and are harmful to the developing country's economy, I totally support the opposite idea because of the benefits of those establishments that I mentioned above.