TNCs: these are firms that have co-ordinates operations based in more than one than one

country

Positive
Economic

Environmental

Social

(People get
richer) Toyota
increase the local
economy through
things such as the
multiplier effect
where local people
become wealthier
and spend more
(Helps national
economy)
depending on the
development of
the TNC it can
increase the hosts
countrys economy.
This is evident
through the fact
that Kentucky gave
Toyota $3 million.

(Increase in
social welfare)
Toyota in
Burnaston pays
double to what
alternative jobs are
paying which
means individuals
are able to have
access to better
healthcare options

Negative
-

(Britains
economy at
loss ) Toyota
elbows British car
manufacturing
companies such as
Ford out the
market. This is
because
companies such as
Ford have a slower
and primitive
methods of
production which
are not efficient as
Toyota who aim to
produce 1 car per
minute

( Harmful
habitats) Toyotas
plant at Burnaston
is located on a
Greenfield site
which is an area
that has never
been used for
industry. They aim
to expand the
plant by 280 acres
meaning that it
cause nonreversible damage
to sensitive
ecosystems
(Jobs are not
stable) Toyota is a
footloose industry
which means it is
no tied down to a
particular location.
This means people
who rely on the
TNC as a stable
source of income
will be heavily

(transferrable
skills) Toyota
trains their
members so they
become multiskilled. So if their
plants relocate
elsewhere
members still have
transferrable skills

affected.
-