More and more multinational corporations are expanding into developing nations.
Such
a development has advantages like economic Linking Words
growth
and a rise in employment opportunities. It Use synonyms
also
has disadvantages like loss of cultural values and environmental degradation.
Large organizations setting up their businesses in developing countries is followed by the financial Linking Words
growth
of these nations. As they deploy more money to buy plots and construct their offices, the earnings of the government Use synonyms
increases
Change the verb form
increase
as a result
, thereby contributing to economic Linking Words
growth
. Use synonyms
Additionally
, multinational Linking Words
companies
fuel more employment opportunities for native Use synonyms
people
, because the cost of recruiting local Use synonyms
people
is lower compared to bringing workers from overseas, thereby increasing job vacancies. Use synonyms
For example
, Apple Inc. has opened its manufacturing hub for iPhones and iPads in Tamil Nadu, a state in India, which Linking Words
lead
to the hiring of more Wrong verb form
led
people
from the state.
One of the disadvantages of Use synonyms
such
a development is that Linking Words
people
leave behind their cultural roots to live a capitalistic life. Use synonyms
This
results in the depletion of local cultures and value systems. Another disadvantage is the rise in environmental degradation. With the increase in large Linking Words
companies
, more areas are required for constructing offices, which in turn comes at the cost of deforestation and dust pollution. Use synonyms
For instance
, Mumbai, a city in India, has experienced a high air-quality index for the Linking Words
last
15 years, after large financial Linking Words
companies
started building their offices there.
In conclusion, there is an increasing trend of multinational Use synonyms
companies
expanding their businesses in developing nations. Use synonyms
This
is a welcoming development because it contributes to economic Linking Words
growth
and increases employment opportunities, but comes at the cost of depletion of the local culture and the environment.Use synonyms
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