How Will the Media Respond to the Growing Numbers of People

question 59

Multiple Choice

How will the media respond to the growing numbers of people age 64 and older worldwide in the next 25 years?

• A) It is expected to have little effect on the media because the media are profit-driven and not socially conscious.
• B) The media will probably become more arrogant and critical of older people because of the strain they will place on society.
• C) The media will take a wait-and-see attitude to evaluate what is in their best interest.
• D) The media will shift their cultural approach to the middle-aged and older consumer.

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Definitions:

Budget Deficit

The situation where a government's expenses exceed its revenues over a specified period of time.

Budget Surplus

A financial situation where a government's income exceeds its expenditures over a given period.

Long-Run Growth

The sustained upward trajectory in the economy's output over time, reflecting long-term increases in productivity and capacity.

Closed Economy

A closed economy is one that does not engage in international trade of goods and services, nor does it allow for capital flows from abroad.