Author Question: Why is a government franchise likely to serve as a stronger barrier to entry than possessing ... (Read 82 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?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library