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Explain How Digital Media Are Radically Changing the Organization and Substance

question 28

Essay

Explain how digital media are radically changing the organization and substance of the traditional mass communication model that enabled companies to control content creation and distribution channels.


Definitions:

Compound-Interest GIC

A Guaranteed Investment Certificate (GIC) that grows by earning interest on the principal and the accumulated interest over time.

Percent Increase

The proportionate growth of a value over time, expressed as a percentage of the initial amount.

Successive Years

A term used to describe years that follow one after another without interruption.

Loan

A borrowed amount of money that is to be repaid along with interest.

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