Local Advertising Is Currently Dominated by _____________________________

question 3

Multiple Choice

Local advertising is currently dominated by _____________________________.

• A) the Internet
• B) radio
• C) word-of-mouth
• D) newspaper

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Definitions:

Tax Revenue

The revenue that governments acquire from taxes.

Capitalism

An economic system characterized by private ownership of the means of production, where investments, production, distribution, income, and prices are determined mainly by competition in a free market.

Socialism

An economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole.

Negative Income Tax

A proposed form of welfare where individuals earning below a certain threshold receive supplemental pay from the government instead of paying taxes.