The Hutchins Commission Said That the Best Way to Have

question 11

True/False

The Hutchins Commission said that the best way to have a free press was to have it owned by large,profitable corporations free of government interference.

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Definitions:

Wages Expense

An account representing the total cost of labor paid to employees, typically recorded over a specific accounting period.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Investment

The allocation of resources, often money, in the expectation of generating an income or profit.

Seller's Assets

Properties or financial resources owned by a seller, which can include inventory, buildings, equipment, or intellectual property.