Multinational companies are demaging our quality of life?
The growing number of multinational companies in most countries not always damages the quality of life.
These companies create lots of work opportunities and salaries are generally higher in big companies. A lot of people from underdeveloped countries are forced to go abroad after their degree in order to find a good job. The presence of multinational companies sometimes makes a country emerging. Also young entrepreneur benefit from these companies because sometimes their startup are promoted and supported by rich industrialists; therefore people are encouraged to cultivate their ideas and passions.
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Multinational companies are demaging damaging our quality of life?
The growing number of multinational companies in most countries does not always damages the quality of life.These companies create lots of work opportunities and salaries are generally higher in big companies. A lot of people from underdeveloped countries are forced to go abroad after their degree in order to find a good job. The presence of multinational companies sometimes makes a country into an emerging economy. Also young entrepreneurs benefit from these companies because sometimes their startups are promoted and supported by rich industrialists; therefore people are encouraged to cultivate their ideas and passions.
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English great watch out for the plural and the term emerging economy.
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Although, I don't agree with your argument. The rise of international corporations and the growth of incompetent governments (paid off by international businesses), leads to unrestricted capitalism, which leads to profit over people. A growing divide between the poor and the rich. Haha anyway, nice essay.
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Thanks a lot, i like your argumentation. Of course it's just a grammar exercise so it doesn't reflect totally what i think about the topic because of the restricted number of allowed words
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In some cases though, the number of jobs generated by a multinational corporation is fewer than the number that are displaced. This can lead to increases in income inequality. Yes, these jobs are often higher paying than the surrounding jobs especially in developing countries. But, they are also temporary jobs. Because corporations are not at all concerned about the well-being of the communities where they employ people. So, what can occur is that multinational corporations can employ thousands of people and then suddenly leave the country to search for ever cheaper labor elsewhere. You also have to consider that even if wages increase temporarily, that this may lead to much more expensive housing, food and other things. So, when this well dries up, there will be many people who have no back-up plan and may be homeless, and so on.
My conclusion is that it is not intrinsically a bad thing...but corporations face little to no repercussions for damaging local economies and workers lives in developing nations. If corporations were held more accountable towards giving workers the right to unionize, give them health care, profit sharing if the company makes a lot of money off of these factory jobs, etc. Then perhaps, my stance would change.
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Any suggestion?
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