According to the modernization theory, multinational corporations actually help developing nations are.
multinationals bring industries and jobs to the developing nation.multinationals promote rapid development through the diffusion of inventions and innovations.Modernization theory is used to explain the process of modernization within society. The "classical" modernization theory of the 1950s and the 1960s is based on sociological analyzes with partial readings of Karl Marx, Emile Durkheim, and Max Weber, and the work of Harvard sociologist Talcott Parsons. I was strongly influenced by the author.
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