Question

In 1–2 sentences, critique or support the relationship between globalization and the growth of multinational corporations.(2 points)

Answer 1

Globalization facilitates the expansion of multinational corporations by providing access to new markets, resources, and technologies, enabling them to operate on a global scale and optimize efficiencies. However, this relationship can also lead to economic inequality and cultural homogenization, as powerful corporations often overshadow local businesses and influence socio-economic landscapes in host countries.