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The multiplier effect with reference to Newport and Setubal

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Introduction

The multiplier effect with reference to Newport and Setubal The multiplier effect is caused when a big business sets up a big new industry or development in an area. The new development will need new infrastructure such as roads, which needs people to build them, providing even more jobs. ...read more.

Middle

Along with the plant, a dock needed to be renovated and roads needed to be built, creating more jobs. As a car factory assembles parts, some factories were setup nearby, for example a metal works. These new jobs meant that some people, who had out-migrated to places like Switzerland, were able to move back to Portugal. ...read more.

Conclusion

This would have caused many other factories and services to set up in the area, creating thousands of jobs and making the area much more prosperous. Unfortunately, because of the recession in the Far East, LG Electronics lost lots of money and only one of the factories was ever built, so it did not have the desired effect on the area, although it did partially help the area. Peter Kennedy ...read more.

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