Industrial dominance and technological dependence are negative impacts of foreign direct investment.

Question

Quizplus · Accepted Answer

Industrial dominance refers to a situation in which foreign companies dominate the local market and squeeze out local businesses. Technological dependence occurs when the host country relies too heavily on technology transferred from foreign multinational firms rather than building its own technological capacity. Both of these can have negative impacts on the host country's economy and development.

Industrial Dominance and Technological Dependence Are Negative Impacts of Foreign