Potential negative impacts refer to the adverse effects that transnational corporations (TNCs) can have on semi-peripheral nations. These impacts can include economic exploitation, environmental degradation, cultural homogenization, and social inequality.
Related terms
Economic exploitation: The unfair or unethical use of resources or labor by TNCs for their own profit.
Environmental degradation: The deterioration of natural resources and ecosystems due to TNC activities such as pollution or deforestation.
Cultural homogenization: The loss of distinct local cultures and traditions as TNCs promote globalized consumerism and standardized products.