What Gave Individual Artists and Garage Bands a Means to Control

question 14

Multiple Choice

What gave individual artists and garage bands a means to control their art?

• A) Low-cost recording and mixing equipment
• B) The A&R system
• C) P2P file sharing
• D) The Big Four companies
• E) A more homogeneous audience

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Definitions:

Monopolists

Firms or individuals who are the sole providers of a particular good or service, possessing significant control over market price.

Constitutional Rights

Rights afforded to individuals by the constitution of a country, which are intended to protect freedoms from governmental interference or restriction.

Buyers

Individuals or entities that purchase goods or services in a market.

Monopolistic Competitor

A firm in a market structure where many companies sell products that are similar but not identical.