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MACS 100 Class and Commodification Questions And Answers With Verified Solutions 100% Correct Latest Update.

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MACS 100 Class and Commodification Questions And Answers With Verified Solutions 100% Correct Latest Update.

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MACS 100 Class and Commodification
Questions And Answers With Verified
Solutions 100% Correct Latest Update.
Ideology - ANSWER Systems of ideas and assumptions that guide behavior.

Theory - ANSWER A hypothesis assumed for the sake of argument or investigation.

2) A generally acceptable principle or principles to explain phenomena.

Capitalism - ANSWER An economic system based on private or corporate
ownership of goods: private investment; by prices, production, and the distribution of goods



determined by a free market.

Marxism linked birth of - ANSWER MEDIA PRODUCTION

Marx - ANSWER payed attention to the political and economic development in
European history.

"Feudalism" to "Capitalism."

Capital - ANSWER private property, owned by Capitalists (bourgeoisie).

Labor (proletariat) - ANSWER produces commodities. Contract called wage.

Profit/Surplus Value - ANSWER commodity's market value MINUS its cost of
production.

political economy - ANSWER studies power structures in politics and economics.
Issues: ownership and control; influence of ownership and control of media over content;
implications for democratic decision-making.

implications for democratic decision-making. - ANSWER - A moral dimension

- Analysis control of diversity and independence.

- Surplus value drives the cycle of Capitalism.

- Exploitation of labor is essential.

- Mass communication, a commodity; secures interests of Capitalists.

Political economy Relationship - ANSWER - The owner of communication media is
the broadcaster.

- The commercial sponsor is the real audience.

- The consumer is the product.

Labor - ANSWER Labor is a commodity with market value.

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