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The World Economy Is Controlled by Multinational Corporations

question 264

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The world economy is controlled by multinational corporations. The majority of them are based in the United States. Their power in the underdeveloped nations perpetuates the dependency of many Third World nations on the United States. Multinationals add to the tensions in Third World countries through arms sales and intervention in the domestic affairs of host countries. D. Stanley Eitzen and Maxine Baca Zinn, Social Problems, 9th edition


Definitions:

Ethical Tone

The overall mood or character regarding ethics within an organization, reflecting its commitment to ethical principles in decision-making and actions.

Ethical Standards

Principles that guide behavior and practices in both personal and professional contexts, based on notions of right and wrong.

Global Community

A term referring to the international network of individuals, societies, and nations interacting and interdependent upon one another.

Individual Level

Refers to psychological or behavioral processes occurring within a single person.

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