 ECONOMIC REASONS: ◦ New forms of technology allow gigantic flows of capital and other technologies  Transnational corporations (TNCs) – Powerful companies.

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Presentation transcript:

 ECONOMIC REASONS: ◦ New forms of technology allow gigantic flows of capital and other technologies  Transnational corporations (TNCs) – Powerful companies which subsidiaries in several countries ◦ Most are “Western Companies”

 Wal-Mart  Exxon-Mobil  Royal Dutch Shell  BP  General Motors  Toyota  Chevron  Daimler Chrysler  Conoco Phillips

 42 of the world’s top economies are corporations, some are worth more than entire nation’s GDP’s  Control much of the world’s investment capital, technology, and international markets  How do they make so much money?  Deregulation – No rules to govern how these corporations operate  Where do they get their workforce?