The day will come when nations will be judged not by the splendour of their capital cities and public buildings, but by the well being of their peoples. TNCs often have big factories, and the movement of a factory to a different country can be devastating for communities like a town in Mexico that have the majority of their people making a living from the factory. The friendly store that boasts lower prices so that families can afford things? If it weren’t for trade with countries that grow coffee beans, I wouldn’t know what coffee is. Newer Post Older Post Home.
Trade is a major globalizing force that effects us each and everyday. You’ve probably heard the term, ‘transnational corporation’ before. We are interacting more becasue we travel more, email more, and trade more. Meanwhile, Canada imports products like oranges, and bananas from other countries like the USA. Newer Post Older Post Home. We need to get serious about keeping the products of foreign sweatshops off American shelves.
For example, I like to drink an occiasonal coffee, but coffee beans do not grow commercially here in Canada.
Cambridge IGCSE Geography Revision : case study: a transnational corporation and its global links
I believe that many families would be shocked to find that their snow-man tree ornament was sthdy by a young teenager, working months without a day off. Wal-Mart was 1 on walmary ‘Top 25 Transnational Corporations’ list in The day will come when nations will be judged not by the splendour of their capital cities and public buildings, but by the well being of their peoples.
Senator Byron Dorgan, in a statement released to Washington, D. Are the positives greater, in tcn Wal-Mart case, then the negatives? What conditions are the people who made my favorite Bluenotes sweater working in? Here are a few points from his report released in that I found shocking:. Workers were cheated of one-third of the wages legally due them. Meanwhile, Canada imports products like oranges, and bananas from other countries like the USA.
Walmart, TNC Flashcards Preview
For example, Canada is rich in oil, and exports it to tnv different countries that need oil. I don’t think so. I believe that we, as Canadians, have the duty to people who work in sweatshops like this, to be nosy and figure out where the stuff we buy is coming from. Through the exchange of goods, people are exposed to other cultures, foods, and lifestyles. The friendly store that boasts lower prices so that families can afford things? Wwlmart, this often leaves the locals with jobs, but a very low salary and a long work week.
Needless to say, TNCs, can not only influence governments, but harm people’s lives. Through international trade, people now have access to products that they cannot buy or make in their homeland. Can this really be Wal-Mart? With the ability to move their operations around the globe, Transnational Corporations TNCs have alot of influence with governments, because governments must compete to attract business. The stusy also reported to the Labor Bureau that some year-olds worked at the factory.
Being a Global Citizen. Ntc is completely against the spirit of Christmas to produce ornaments in sweatshop factories where the workers are physically abused and financially cheated.
People are gaining access to other peoples wamart cultures at greater speeds than ever before and in ways never before possible. Perhaps our government can, and will, get strict on TNCs such as Wal-Mart, and keep them from being heartless Scrooges.
Sfudy need to get serious about keeping the products of foreign sweatshops off American shelves. Wal-Mart Christmas ornament workers are at the factory a minimum of 84 hours a weekwhile at least half the workers are at the factory hours a week.
Being a Global Citizen: A TNC: Wal-Mart.
A transnational corporation TNClike Wal-Mart, can have a really big influence on the world economy. Factory pay sheets showed just eight percent of the workers earning the legal minimum wage, while 92 percent fell below that.
Newer Post Older Post Home. You’ve probably heard the term, ‘transnational corporation’ before. To keep the business of TNCs, some governments have lowered taxes, and adopted policies that transnationals will find helpful. If it weren’t for trade with countries that grow coffee beans, I wouldn’t know what coffee is.
Trade is a major globalizing force that effects us each and everyday. My social textbook defines it as, “a company that is based in one country while developing and manufacturing its products, or delivering its goods and services, in more than one country”.