Political economy theory is macroscopic theory, interested in how the social order, as a whole, is affected by mass communication.

Name: Political economy theory is macroscopic theory, interested in how the social order, as a whole, is affected by mass communication.
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Political economy theory is indeed a macroscopic theory as it focuses on the broader societal impacts and the ways in which mass communication influences and is influenced by the economic and political structures within a society.

Political Economy Theory Is Macroscopic Theory, Interested in How the Social