Asked by ariel frierdich on Jul 04, 2024
Verified
Peterson and Berger's analysis of the postwar music industry, they argue that high market concentration leads to homogeneity, while a competitive market leads to ______.
A) dissimilarity
B) diversity
C) lack of content
D) ownership
Postwar Music Industry
Refers to the evolution and growth of the music industry following the end of World War II, characterized by technological innovations and changing consumer behaviors.
High Market Concentration
A situation in an industry where a small number of companies hold a large market share, often leading to reduced competition.
Homogeneity
The quality or state of being all the same or all of the same kind, often used to describe media content that lacks diversity.
- Explore the effects of uniformity and variety in media on consumer preferences and cultural practices.
Verified Answer
Learning Objectives
- Explore the effects of uniformity and variety in media on consumer preferences and cultural practices.
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