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What Role Has Technology and Mass Communication Played in the Formation

question 41

Essay

What role has technology and mass communication played in the formation of today's world? How does reporting the news sometimes cause the news to happen? Why are some nations afraid of the communication revolution of today's world? Can it be stopped? Is there a downside to the age of access?


Definitions:

Marginal Utility

The added gratification or usefulness experienced from the consumption of an additional unit of a good or service.

Risk-Averse

A characteristic of preferring to avoid risk, often leading to choices that have lower potential returns to minimize possible losses.

Income

Income is the financial earnings received by an individual or entity, typically measured in terms of money earned from employment, investments, or business operations.

Risk-Averse

A descriptive term for an individual or entity that prefers to avoid risk and chooses certainty over uncertainty when making investment or financial decisions.

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