Multinational Companies and the Effects of World War
Classified in Geography
Written at on 
English with a size of 1.63 KB.
Multinational Companies
Germany: Siemens (electrical), Ford, Mannesmann (tools)
Italy: Pirelli (rubber), Dell'Aqua
Japan: NEC Corporation (tech & communication)
Greece: Rally Brothers
US: Singer (sewing machine), International Harvester, Swift and Co (meat), ITT (communication)
UK: British Petroleum, South Sea Company (trade), EIC (trade), Levant Company (trade), Royal African Company
France: Saint Gobain (glass), Suez Canal Company
Spain: Grifols+Esteve (pharmaceutical), Roca, Cirsa (casinos), Ficosa (cars), Puig (perfumes), Catalana Occident (insurance), Celsa (construction)
Effects of World War
- Restrictions in trade
- Blockades
- Decrease in world trade
- Liquidation of foreign owned assets in war-involved countries
- Differences in prices and expensive shipping costs
- Decrease in foreign direct investment
- Capital shortage
- Dispersion of skilled human capital
- Hard-hit on multinational companies
Positive Effect of World War
New technologies from the Second Industrial Revolution were applied
Manufacturers forced to achieve mass production to satisfy war demand
Global expansion in companies' productive capacity
Cartels
Used to rationalize production and control exports and international trade
Negative aspects include increased prices, lack of transparency, and the possibility of market division among members