Asked by ariel frierdich on Jul 04, 2024

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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.
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Laphonso AlexanderJul 09, 2024
Final Answer :
B
Explanation :
Peterson and Berger's analysis suggests that a competitive market in the postwar music industry fosters diversity in music, as opposed to homogeneity in a high market concentration scenario.