Question

Large corporations are the major drivers of the world’s economy

10 marks

AS per Canadian standards

Articulate an argument for and against five of the following statements. Answers must be typed with 1.5 spacing.

Thanks.

Answer 1

Answer - The large corporations of the world which are typically MNC's have the huge financial base. These corporations help to mobilise the resourced all across the world economy by functioning in many parts of the world. They provide the employement in different economy , increase the flow of resources across the economy , and result in the huge fimancial contributions through taxes to the government. These corporations through their goods and services increase the pace of the globalisation and thus , giving sharpness to the world economy as compared to the very limited scope of small businesses