The Role of Multinational Corporations in Third World

Transnational Corporations (TNCs) or Multinational Corporations (MNCs) have been the subject of numerous articles, books, and conferences that have sought to develop a conceptual framework within which this rapidly evolving phenomenon might be better analyzed and understood. While it may be argued that the availability of manpower, natural resources, technology, and tools are of importance in driving societal development and productive effort, the level of economic development, the social structure, the educational system, the degree of scientific and technological absorption and research have been major factors in the zenith of the revolutionary process.

Keywords: Transnational, Multinational, Corporations, Technology, Society, Natural, Resources, Exploitation, Economic, Growth.