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Term used for the co-existence of private sector with public sector

The term used for the co-existence of private sector with public sector in
broadcasting is
(A) Duopoly
(B) Oligopoly
(C) Monopoly
(D) Triopolyย 

Correct Ans: (A)

In the field of mass communication, experts use the term โ€œduopolyโ€ to describe the co-existence of both public and private sectors in the broadcasting industry. This arrangement creates a balance where both types of organizations function side by side and contribute to the overall media landscape.

To clarify, a duopoly refers to a market structure in which two major entities dominate. In broadcasting, these two entities are typically the government-operated public sector and the privately-owned commercial sector. They may differ in goalsโ€”public broadcasters often focus on public service, education, and cultural programming, while private broadcasters aim for profit through entertainment and advertisement. Yet, both sectors serve large audiences simultaneously.

This system offers advantages. For instance, the public sector can ensure access to important, unbiased information, especially in rural or underserved areas. On the other hand, the private sector can boost innovation and offer diverse content that appeals to various interests. Together, they strengthen democratic discourse and provide a variety of viewpoints.

However, itโ€™s important to note that a duopoly also requires regulation. Media authorities must prevent either side from overpowering the other or creating unfair advantages. Additionally, maintaining editorial independence becomes crucial to preserve credibility and trust.

To sum up, in broadcasting, a duopoly signifies balance. It reflects the shared space of public interest and private enterprise, working in tandem to inform, educate, and entertain the masses.

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