Question

What are the political and economic implications of the trend towards great media power among so few transnational conglomerates?

Answer 1

For a few transnational conglomerates, great media power towards political and economic implications are here. Purpose of presenting this review to represent evidence that suggesting quality and independent media has a positive impact on society and for critical development outcomes. there are 3 types of implications considered that can have a positive impact on society.

1. Governmental or political implications means Corruption has a negative impact on society

very in improving poverty and income imbalance. Free media perceives the private and public sector fraud. It has an eye on government officials and increases voters’ knowledge.

2. Economic implications mean to provide accurate and timely information to allocate help efficiently. Independent media can provide information and monitoring to the financial policy development process overseeing to more beneficial economic strategies.

3. Social implications mean

development to be a durable citizen must productively contribute to the judgments that improve their lives.

Society requires an informed citizenry.

The rise of new media had complicated the political media scenario. Media serves the different important roles in a democratic country to improve information system within govt to society or society to govt. Media works as watching dogs to checking the every govt steps. They set the new agenda for public issues and provide important knowledge to making new policies for citizens.