The 1941 Report on Chain Broadcasting Led to the Creation

question 16

True/False

The 1941 Report on Chain Broadcasting led to the creation of ABC, because NBC was forced to divest one of its two networks.

---

Definitions:

Retirement Finances

Financial planning and management concerning the period of life when one is no longer working, focusing on income sources, savings, and investment strategies.

Collectivism

A cultural system that values the needs of the group more than those of the individual self.

Socialist Countries

Nations where the government exercises significant control over the economy, often including ownership and management of production means, and prioritizes social equity.

Welfare

Governmental or private aid provided to individuals or groups in need, aimed at promoting their well-being and ensuring basic necessities are met.