Author Question: Why is a government franchise likely to serve as a stronger barrier to entry than possessing ... (Read 99 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
Why is a government franchise likely to serve as a stronger barrier to entry than possessing technology than competitors don't currently posses?
 
  What will be an ideal response?

Question 2

A study by the economist, Rudiger Ahrend, found that the presence of corruption in a country does not affect the freedom of the press but having a free press greatly limits corruption.
 
  The study suggests that strengthening the freedom of the press is extremely important in fighting corruption. Why do you think this is the case? Explain your answer.



Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

The reason is that government franchise can be enforced by law whereas competing firms can always develop new technologies that may make existing technologies obsolete and this can reduce whatever monopoly power was enjoyed by the firm in possession of the older technology.

Answer to Question 2

One of the most powerful tools that can be used to control corruption is access to information. A politician or a government that is concerned about how citizens vote in an election will also be concerned about how much information the electorate has about its actions. One of the many roles of free media is to act as a conduit for this type of information. A press that is not controlled by the government can affect political views and voting behavior not only by uncovering corruption, but also by informing voters with news and commentary. In this sense, a free press acts like a watchdog over politicians' actions.
Adapted from http://www.lacea.org/meeting2000/RudigerAhrend.pdf
A-head: CONTROLLING POLITICIANS
Concept: Real-world scenario



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library