Answer to Question #161511 in Economics for Louise

Question

these companiss are having no satellite production here in our country like apple and toyota?. if it happens that they will decide to put up their production facility there in our country, what could be the possible impact of these businnesses to the people? what could be the impact of the people to the businessess? 

Answer 1

When locating production on the territory of a country, two types of consequences are possible: positive and negative. The positive will include an increase in employment in the country where production is located, an increase in the level of wages. The negative consequences include the possible harm to the environment, which will be caused by the location of production in these areas.