In the time of globalisation, most multinational companies are collaborating with each other for prosperity. Incubation greatly helps them to open their manufacturing plants in foreign countries and expand their businesses. In this case, most people believe that growing industrialisation deeply affects their surrounding and environment. I believe that it definitely affects atmosphere due to production of various gases and toxics for a particular region, but other benefits employment opportunities, improvement in the living standards can not be overseen completely.
To begin with, almost all the companies are shaking hands with each other to develop Special Economic Zones, which creates win-win situation for each party. In fact, these SEZ eventually produce harmful gases and toxic wastes, which would be harmful for localities. For example, many American MNC’s collaborated with Chinese manufacturers in order to decrease their operational cost. As a result, many region in the china had been converted to Special Economic Zones, due to that suburb people had complaint the Chinese government about air, noise and water pollutions.
However, this development also has positive side. Industrialisation encourages employment options within the area, it also strengthens county’s economy in better way. Moreover, it also increases living standards of the countrymen’s in all the possible manner. For instance, as a result of evolving SEZ areas in China, Chinese people per capita income has been increased. Powerful income sources leads them to live healthy and rich life such as they are now capable enough to buy latest technologies which give relief to their routine chores.
To conclude, nowadays income is as prominent factor as an environment. Therefore, despite the bitter truth that
multinational companies have adverse consequences on the environment, it is now imperative to have such development for the country’s government and for the individual' s growth.
In the time of
globalisation
, most multinational
companies
are collaborating with each other for prosperity. Incubation
greatly
helps
them to open their manufacturing plants in foreign countries and expand their businesses.
In this case
, most
people
believe that growing
industrialisation
deeply
affects their surrounding and environment. I believe that it definitely affects atmosphere due to production of various gases and toxics for a particular region,
but
other benefits employment opportunities, improvement in the living standards can not be overseen completely.
To
begin
with, almost all the
companies
are shaking hands with each other to develop Special Economic Zones, which creates win-win situation for each party. In fact, these SEZ
eventually
produce harmful gases and toxic wastes, which would be harmful for localities.
For example
,
many
American
MNC
’s collaborated with Chinese manufacturers in order to decrease their operational cost.
As a result
,
many region
in the china had
been converted
to Special Economic Zones, due to that suburb
people
had complaint the Chinese
government
about air, noise and water pollutions.
However
, this development
also
has
positive
side.
Industrialisation
encourages employment options within the area, it
also
strengthens county’s economy in better way.
Moreover
, it
also
increases living standards of the countrymen’s in all the possible manner.
For instance
,
as a result
of evolving SEZ areas in China, Chinese
people
per capita income has
been increased
. Powerful income sources leads them to
live
healthy and rich life such as they are
now
capable
enough
to
buy
latest
technologies which give relief to their routine chores.
To conclude
, nowadays income is as prominent factor as an environment.
Therefore
, despite the bitter truth that
multinational
companies
have adverse consequences on the environment, it is
now
imperative to have such development for the country’s
government
and for the
individual&
#039; s growth.