Let's first look at the definitions from dictionary.com.
ol·i·gop·o·ly /ˌɒlɪˈgɒpəli/ Pronunciation Key - Show Spelled Pronunciation[ol-i-gop-uh-lee] Pronunciation Key - Show IPA Pronunciation
–noun the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors. Compare duopoly, monopoly (def. 1).
mo·nop·o·ly /məˈnɒpəli/ Pronunciation Key - Show Spelled Pronunciation[muh-nop-uh-lee] Pronunciation Key - Show IPA Pronunciation
–noun, plural -lies. 1. exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. Compare duopoly, oligopoly.
What do you think? Has the government encouraged only one company to control all radio stations? Or has it encouraged several companies to own them?
What do you think the advantages and disadvantages would be if the government owned all of the radio stations?
If you post your answers, we'll be glad to critique them for you.
See i posted the required assingment in another post. But i am having trouble with it.
My opinion is that I think that the government has many compies for many different radio stations depending on who promotes them.
If the government only owned all radio stations then basically all stations would be similar. So the advantage would be just one company would have all profits and disadvantages would be that there could be many stations but all similar.
The U.S. government hasn't had much control over radio stations for over 50 years.
Your answers are correct. We could also add that if only one or a few companies owned all of the radio stations, then our freedom of speech could be severely curtailed.
Can you help me set up the paper like an outline so i do not loose myself on what to talk about like help me organize it. THANKS
tHE ACTUAL ASSINGMENT IS IN A PREVIOUS LINK