What is Citizen Journalism?
What is Citizen Journalism?
Citizen journalism, also known as collaborative media, participatory journalism, democratic journalism, guerrilla journalism or street journalism, is based upon public citizens “playing an active role in the process of collecting, reporting, analyzing, and disseminating news and information.”
What is the essence of the auction? What types are they divided into?
Auctions deal with products that are scarce on the market. The main guideline here is getting the maximum price for any product. The auction is a public sale of a product at a predetermined location. The goods sold go to the buyer who named the highest price. Distinguish between compulsory auctions, which are conducted by the judicial authorities in order to collect debts from non-payers, and voluntary auctions, which are organized at the initiative of the owners of the goods sold. To conduct auctions, special firms are created that work on a commission basis.
There are also international auctions. They are a kind of public open auction, where goods of a certain nomenclature are sold: wool, tobacco, furs, tea, horses, flowers, fish, timber, as well as luxury goods, works of art.
What are exchanges? What is their role in the economy?
The exchange is a meeting place for buyers and sellers, a place where deals are made. Most exchanges are corporations. Only individuals can be members of the exchanges, and only those who have the right to conclude contracts on the exchange can act from companies. The overwhelming part of exchange turnover is concentrated in the leading shopping and financial centers of the USA, Great Britain and Japan, which account for up to 98% of the volume of exchange transactions with goods in value terms (including the US share - 84%).
With the transition to market relations, commodity exchanges began to revive. In the former USSR, they began work at the end of 1990 in Moscow and Leningrad. On these exchanges, purchase and sale transactions are concluded for a wide range of raw materials, industrial and agricultural products, automotive and computer technology, and other types of goods. Commodity exchanges are developing in Ukraine as well. They began to function on April 1, 1991. However, in the classical sense, they are not exchanges, since a number of operations (for example, futures transactions) are not known to them.