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Q.

What action of MNC had agitated the people in Bolivia?


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a

Increasing Prices of bread

b

Poor drainage system

c

Enhancing water prices

d

Reducing wages 

answer is C.

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Detailed Solution

Enhancing water prices by MNCs has agitated the people in Bolivia.
The World Bank pressured Bolivia's government to give up control of the municipal water supply. These rights were bought from the government by a multinational firm for the city of Cochabamba (MNC). The company immediately increased the price of water by four times. Many people in a country where the monthly average income is around Rs 5000 receive Rs 1000 water bills. This led to an impromptu public demonstration. Because of the power of the people, the MNC officials were forced to leave the city, and the government was compelled to comply with all of the demonstrators' requests. The municipality's water service was returned at the prior rates once the MNC contract was ended.
 
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