Chat with AIExam 12: Industrial States
Using a specific example, describe what is meant by a multinational corporation. What are the processes by which this multinational corporation can affect the workings of both individual countries and the global economy?
(82) 
Answered by Examlex AI CopilotA multinational corporation is a company that operates in multiple countries and has a global presence. One example of a multinational corporation is Coca-Cola, which has operations in over 200 countries around the world.
Multinational corporations can affect the workings of individual countries and the global economy in several ways. Firstly, they can have a significant impact on the economies of the countries in which they operate. For example, they can create jobs, invest in infrastructure, and contribute to the overall economic development of a country. On the other hand, they can also exploit resources and labor in developing countries, leading to social and environmental issues.
Additionally, multinational corporations can also influence global trade and investment patterns. They can shape international trade agreements, influence government policies, and have significant bargaining power in negotiations with governments. This can lead to a concentration of wealth and power in the hands of a few corporations, which can have far-reaching implications for the global economy.
Furthermore, multinational corporations can also affect the global economy through their supply chains and production processes. They can drive down wages and labor standards in developing countries, leading to a race to the bottom in terms of working conditions. They can also contribute to environmental degradation and resource depletion, as they seek to maximize profits at the expense of sustainability.
In conclusion, multinational corporations have the potential to significantly impact the workings of both individual countries and the global economy. While they can bring economic development and investment, they also have the power to exploit resources and labor, shape global trade patterns, and influence government policies. It is important for governments and international organizations to regulate and monitor the activities of multinational corporations to ensure that they operate in a responsible and sustainable manner.
Anthropologist Alvin Wolfe has proposed that multinational corporations are beginning to evolve into supranational entities that are more powerful and influential than the nation-state.
(75) 
VerifiedTrue
Chiefdoms and agricultural states are classified as because they provide little opportunity for social mobility. Industrial states, on the other hand, are considered because social status can be achieved through individual effort.
(81) VerifiedC
What are the processes whereby industrialization affects the status of elderly individuals? How can we explain the high status of the aged in societies like Japan and Russia?
(87) One of the most distinctive features of law in industrial societies is the proliferation of public and procedural law, referred to as:
(76) Capitalism is an economic system in which natural resources and the means of producing and distributing goods and services are privately owned and controlled.
(79) A system in which the state government regulates the economy to insure growth, a positive trade balance, and the accumulation of wealth is called:
(96) Compare and contrast principal tenets of capitalism and socialism. Would it be possible to create a functional economy that would combine these two systems into one?
(89) One of the major consequences of the Industrial Revolution was a dramatic decrease in population.
(86) There are about three million native-born Japanese who are descendants of people who worked in the leather-tanning business. These individuals, even though they are physically indistinguishable from other Japanese, have the lowest status in Japan and are confined to ghetto areas. They are known as:
(80) is an economic system in which the state (ideally representative of the people) owns the basic means of production.
(65) Both Adam Smith and Karl Marx argued that market exchange and competition would lead to lower prices, higher profits, and increased prosperity for all segments of society.
(77) In all industrial states, the increase in secularization has caused religion to disappear and be replaced by humanism.
(77) Divorce rates tend to be lower in industrial societies than in preindustrial societies.
(77) The change from high fertility rates and high mortality rates to low fertility rates and low mortality rates is called the:
(83) Since Japan is such a homogeneous society, there is less need for litigation than in the United States.
(89) One of the principal cultural ideals in the United States is that any person can move up the social ladder through hard work and motivation.
(85) Building on Leslie A. White's idea that sociocultural evolution progressed by the amount of energy it harnessed, John Bodley has suggested that there are -----cultures, and these categories have implications for the evolution of society. For example, no preindustrial society uses more than 26,000 kilocalories per capita per day.
(77) Anthropologists have found that kinship in industrial states:
(76) Membership in the House of Commons in Great Britain is determined by popular vote, while membership in the House of Lords is inherited through families.
(78) 
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)