The Discrepancy Between the Access to New Technomedia in the Homes

question 62

Short Answer

The discrepancy between the access to new technomedia in the homes of minorities compared to access in the homes of white Americans is called ________ by sociologists.

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Definitions:

Vertical Merger

The merging of two or more businesses at various phases of production or distribution within the same sector.

Herfindahl Index

A measure of market concentration that sums the squares of the market shares of all firms in the market, used to assess competition levels.

Federal Merger Guidelines

Regulations and criteria established by federal agencies to evaluate and approve or disapprove proposed mergers, ensuring fair competition.

Herfindahl Index

A measure of the size of firms in relation to the industry and an indicator of the amount of competition among them, calculated by squaring the market share of each firm within the industry and then summing the total.