Given below are two statements:
Statement I: The power of the 'Press' to bring about social, political or economic development is limited
Statement II: In capitalist societies, the press is primarily like any other business or industry.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct.
2
Both Statement I and Statement II are incorrect.
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct