The Telecommunications Act of 1996 Was Important Because It

question 65

Multiple Choice

The Telecommunications Act of 1996 was important because it

• A)ended the federal government's licensing of radio and television stations.
• B)established the fairness doctrine.
• C)allowed for less concentration of media ownership than had been possible since regulation of the industry began in 1934.
• D)allowed for greater concentration of media ownership than had been possible since regulation of the industry began in 1934.

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Definitions:

Human Capital

The set of skills, acquired knowledge, and lived experiences present in an individual or a populace, evaluated in light of their value significance or cost to a corporation or a sovereign state.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, and habits through various methods such as teaching, training, and research.

On-the-Job Training

Training provided to employees while they perform their regular jobs, allowing them to learn and earn simultaneously.

Physical Capital

Tangible assets used in the production of goods and services, such as machinery, buildings, and infrastructure.