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The media industry is characterized by which of the following?

  • Question 10a of 10 - The media

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: The media industry is characterized by which of the following?
  • Answers:
  1. Innovation and entrepreneurship
  2. Pure competition
  3. Centralization of ownership
  4. A near-monopoly market structure

The correct answer is: Centralization of ownership. Nearly all of the media industry is controlled by a few large companies.

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