Your Favorite News Source Does More Than Simply Report the Facts

question 33

Multiple Choice

Your favorite news source does more than simply report the facts. It places them in context and provides analysis, explanation, and interpretation of events. This approach is most consistent with which theory of international mass communication?

• A) Libertarian
• B) Developmental
• C) Social responsibility
• D) Media literacy

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Definitions:

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

State Licensing Fee

A mandatory charge paid to a state government for the issuance of a license to conduct a particular business or profession within that state's jurisdiction.

Marginal Cost

The escalation in aggregate cost stemming from the production of one more unit of a good or service.

Business Tax

Taxes imposed on the income or profit of businesses, varies by country and the type of business.