What Has Helped Accelerate the Trend Toward Less Variety in National

question 32

Multiple Choice

What has helped accelerate the trend toward less variety in national news in the past decade?

• A) the rise of the Internet as a major source of news reporting
• B) the growing level of government censorship and restrictions on the media
• C) the corporate consolidation of news media into a small number of conglomerates
• D) the increasing popularity of AM radio talk shows
• E) the growing popularity of newspapers as a source of news

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, typically a fiscal quarter or year, resulting in a net profit or loss.

Profitability

The degree to which a business or activity yields profit or financial gain, measured by the ability to generate income greater than the related expenses.

Capital Maintenance Method

An accounting concept that defines profit as the amount that can be distributed while maintaining the capital of the company.

Financial Capital

Economic resources or funds available to businesses for use in the production of further wealth, through investment or other means.