Likely Effect

Definition

A probable outcome or consequence resulting from an action or event. When multinational corporations establish factories in less developed countries, there are several potential effects on the economy, environment, society, and labor conditions.

Related terms

Economic Growth: An increase in the production of goods and services within an economy over time. It is often measured by changes in Gross Domestic Product (GDP).

Exploitation: The act of taking advantage of someone or something for personal gain without giving due compensation or consideration.

Environmental Degradation: The deterioration of the natural environment through human activities such as pollution, deforestation, habitat destruction, etc.