Examlex
Which mass medium has democratized mass communication?
Allocation Of Resources
The process of assigning available resources, or inputs, to specific uses chosen among many possible and competing alternatives in order to achieve goals.
Income Distribution
The manner in which a nation’s total earnings are divided among its population, affecting economic equality.
Self-Interest
The motivation driving individuals to pursue their own advantages or benefits, often used in economic contexts to explain rational behavior.
Command Economies
Economic systems where the government or a central authority makes all decisions regarding production and distribution of goods and services.
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