CHEK Republic: A Revolution in Local Television by Diane Dakers

By Diane Dakers

In 2009, Victoria's CHEK-TV grew to become the 1st employee-owned tv station in North the United States after company proprietor CanWest worldwide threatened to close it down. The David-and-Goliath tale made nationwide headlines and reawakened a trust in neighborhood, self sufficient broadcasting. within the 5 years because the worker buy of the station, CHEK has weathered the demanding situations of self sustaining possession and is still proudly neighborhood, in each feel of the be aware. whereas the way forward for media is unpredictable and the feasibility of neighborhood tv remains to be challenged, CHEK Republic is, at its middle, successful tale, chronicling the lengthy historical past, close to downfall, and rebirth of a really exceptional media outlet.

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First, it provides the Every individual acts out of self-interest.

Economists have begun to explore the ways in which humans act differently from Homo Economicus when making choices. The idea of “economic man” may not be entirely accurate for explaining individual behavior, but many economists argue that it remains useful in analyzing the actions of profit-maximizing firms. ■ Family economics Parents’ investments in children, especially through education, are an important source of an economy’s capital stock, according to Becker. US economist Gary Becker (1930– ) was one of the first to apply economics to areas usually thought of as sociology.

The benefit of specialization explains why there are so many different types of banks—covering savings, mortgages, car loans, and so on. The form a bank takes can also address information problems. Mutual societies and credit unions, for instance, which are effectively owned by their customers, first arose in the 19th century to increase trust between the bank and its The City of London is home to a dense cluster of banks built over medieval streets. Today it is the world’s largest center for foreign-exchange trading and cross-border bank lending.

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