TNCs in Indonesia
I can describe the role of TNCs in Indonesia's development and some of the advantages and disadvantages they bring to the country.
- Year 11
- AQA
TNCs in Indonesia
I can describe the role of TNCs in Indonesia's development and some of the advantages and disadvantages they bring to the country.
Lesson details
Key learning points
- TNCs have boosted economic growth in Indonesia.
- TNCs can bring advantages to Indonesia.
- TNCs can bring disadvantages to Indonesia.
Keywords
Transnational corporations - TNCS are large companies that operate in several countries; they often have headquarters in one country and factories or offices in others
Foreign direct investment - (FDI) foreign countries and companies invest in businesses or industries in another country, often by setting up or buying local companies
Common misconception
TNCs have helped Indonesia to develop its own vehicle manufacturing companies.
While TNCs have been important in developing vehicle manufacturing in Indonesia, the vehicles they make are not Indonesian brands and the profits from selling them in Indonesia or in export markets go to the TNCs and not to Indonesian companies.