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Words: 2,375 | Submitted: Mon May 18 2009
... by 1939 about a quarter of British production was controlled by Ford and Vauxhall (Jones, 1988). New technologies, management and stock control have been the main factors which have been shaped by MNCs. Multinational corporations in Britain provided much employment to the British population. By 1932 manufacturing subsidiaries of US MNCs provided employment for around 65000 people and by the early 1960s this number rose to around 450000 (Jones, 1996). Even the retail MNCs such as Woolworths became the largest employer in the retail sector employing over 60000 people by 1961 (Godley, 2003).The British government attempted to control where MNCs could set up manufacturing bases in order to distribute employment equally. This was especially true in the case of investment outside of the South East and London which most MNCs favoured (Chick, 1990). MNCs were encouraged to set up in areas of high unemployment such as Scotland and the Midlands ...
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