Question $1(1$ point$)$

What is meant by a $$tele$-$everything$$ world?

Question $1$ options:

People will rely more on digital connections for work.

People will rely more on digital connections for education.

People will rely more on digital connections for health care.

All of the above are true.

None of the above are true.

Question $2(1$ point$)$

Economy of scale is an economic model:

Question $2$ options:

with high first costs

with low marginal costs

that encourages conglomeration

All of the above are true.

None of the above are true.

Question $3(1$ point$)$

What was a result of the Telecommunications Act of $1996?$

Question $3$ options:

Media companies were broken up$.$

More people obtained internet service.

There was increased competition among media companies.

Many new media companies were founded.

The media industry became more conglomerated.

Question $4(1$ point$)$

Which industry makes most of its money through advertising?

Question $4$ options:

book publishing

broadcast television

newspaper

cable television

radio

Question $5(1$ point$)$

The idea of public good is concerned with:

Question $5$ options:

people having opportunities to choose

having competition among media companies

video streaming

both a and b

both b and c

Question $6(1$ point$)$

A media company often benefits greatly from:

Question $6$ options:

nationalization

vertical integration

globalization

a and b

b and c

Question $7(1$ point$)$

Most media outlets are:

Question $7$ options:

owned by publishers

monopolies

controlled by advertisers

owned by major corporations

owned by small corporations

Question $8(1$ point$)$

Local media sites are threatened by:

Question $8$ options:

a huge variety of platforms

fractured user bases

declining ad rates

uncertainty about successful business models

All of the above are true.

Question $9(1$ point$)$

India has adopted American cultural and economic ideas and combined them with its local cultures.

Question $9$ options:

True

False

Question $10(1$ point$)$

The most common business model for American media is the monopoly.

Question $10$ options:

True

False

Question $11(1$ point$)$

Some media analysts predict that the $2020$s will bring:

Question $11$ options:

many new and successful streaming services

subscription fatigue

huge growth in traditional streaming service subscriptions

All of the above are true.

None of the above are true.

Question $12(1$ point$)$

McDonaldization is an economic force that promotes:

Question $12$ options:

efficiency, hegemony, culpability, and capitalism

efficiency, calculability, predictability, and control

profitability, efficiency, variability, and control

predictability and homogeneity

monopoly, calculability, and democracy

Question $13(1$ point$)$

Vertical integration is a business model in which a company:

Question $13$ options:

owns mines and railways

AOL subscribes to

owns both its suppliers and buyers

owns its buyers

owns its suppliers

Question $14(1$ point$)$

First copy costs of production are lower than marginal costs.

Question $14$ options:

True

False

Question $15(1$ point$)$

It is most often difficult for globalized media to thrive.

Question $15$ options:

True

False

Question $16(1$ point$)$

Public policy and government intervention

Question $16$ options:

make information economies more complicated.

simplify information economies.

are biased toward the free market.

have many side effects.

are limited to print media.

Question $17(1$ point$)$

Which is true of an oligopoly?

Question $17$ options:

a few firms dominate most of an industry

it is likely endorsed by the U$.$S$.$ government

it is controlled by one company

both a and b

both b and c

Question $18(1$ point$)$

Pandemics interfere with critical social structures such as:

Question $18$ options:

health systems

the economy

communities

family life

All of the above are true.

Question $19(1$ point$)$

Companies are led to continued consolidation by the:

Question $19$ options:

"first copy" costs

potential for economy of scale

vast profits available

All of the above are true.

None of the above are true.

Question $20(1$ point$)$

The FCC regulates interstate and international communications for:

Question $20$ options:

all media

all media except print

television only

only television and the Internet

radio only

Question $21(1$ point$)$

Increasing consolidation among transnational companies will help local media thrive.

Question $21$ options:

True

False

Question $22(1$ point$)$

The information economy sells technology.

Question $22$ options:

True

False

Question $23(1$ point$)$

The Bollywood film industry excels at:

Question $23$ options:

song$-$and$-$dan