The ______ Theory of the Press States That the Press

question 28

Multiple Choice

The ______ theory of the press states that the press should be as free as possible but that it also has an obligation to serve the needs of the public at large.

• A)authoritarian
• B)libertarian
• C)communist
• D)social responsibility

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Definitions:

Factors Of Production

The inputs used in the creation of goods or services; traditionally includes land, labor, capital, and entrepreneurship.

Capital

Funds or financial assets leveraged by companies to fund their operations and grow their businesses.

Profit

The earnings obtained when the income generated from business operations is higher than the expenses, costs, and taxes required for these operations.

Output Market

Marketplaces where finished goods or services are sold to consumers, as opposed to input markets where raw materials are bought.