Compare and Contrast the Two Informed Consent Models: Opt-In and Opt-Out

question 49

Short Answer

Compare and contrast the two informed consent models: opt-in and opt-out. Why do companies prefer one over the other? Why do privacy advocates prefer one over the other?
Section reference 1: Privacy

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Definitions:

Tax Cuts

Reductions in the amount of taxes imposed by the government on individuals or businesses.

Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a specific time period.

Fiscal Programs

Government initiatives that involve expenditure and taxation decisions to influence the national economy.

2008-2009 Recession

A severe global economic downturn triggered by the financial crisis, marked by significant declines in consumer wealth, extensive layoffs, and a contraction in economic activity.