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Introduction to Geography 1) Why is social media a powerful force for economics?

ID: 105278 • Letter: I

Question

Introduction to Geography

1) Why is social media a powerful force for economics?

2) How has social media impacted politics and commerce over the last decade?

3) Do you think its role will change in the future? If so, how? If not, why not?

Some areas you may want to discuss include:

What social media do you prefer? What do you use the most? Which one(s) do you not use or like? Which ones have the greatest impact on society?

Are all economies impacted from social media, or do you think it is only certain areas?

Be sure you reference the article and any other sources used or available to share with others.

s Social Media Becoming the Most Powerful Force in Global Politics? by Harf and Lombardi 207 Selected, Edited, a with issue Framing Material by: James E. Harf, Maryville University and Mark Owen Lombardi, Maryville University ISSUE Is Social Media Becoming the Most Powerful Force in Global Politics? YES: Clay Shirky, from "The Net Advantage," Prospect (December 11, 2009) NO: Malcolm Gladwell, from "small Change: Why the Revolution Win Not Be Tweeted," The New Yorker (October 4, 2010) Learning outcomes After reading this issue, you should be able to: Understand what social media is in a political and economic context. Grasp why it is so powerful Understand how it has impacted politics and commerce over the past decade. Appreciate the speed of its dissemination Judge how it will be used against and by governments for a variety of interests ISSUE SUMMARY YES: Clay Shirky argues that social media has and will empower individuals and groups in profound ways giving political movements power, reach, and access. He contends that it will change the power dynamic between these groups and the state (often the object if not adversary of political action) and make insurrec tion and revolution more likely to occur and potentially to succeed. NO: Malcolm Gladwell contends that social media, while intriguing and fast, is another tool of social activism and is not revolutionary. He argues that its presence does not mean that revolutions will sprout up everywhere nor does he believe that when they do they will be successful. Ahost of other factors are just as if not more important. han all of the film content in the first 50 years of tele- ver the past decade, coming on the heels of the Inter- vision. It took radio 38 years to reach 50 million listen net revolution, a new force has emerged inthe global land ers, TV took 13 years, the Internet 4 years, and Facebook scape. That force is social media. The marriage of Google, adds 50 million people every 9 months. Eighty percent Twitter, and Facebook and thousands of other social net- of people under the age of 35 in the West have mobile working sites with mobile computer/phone technologies access 24 hours a day. Today there are 200 million blogs has created a network proliferating a a rate unheard of on every subject, movement, and philosophy. And in S ust S years before. It is safe to argue that social media short years there will be over s billion people with cell and its manifestations have impacted economics, human phones and hence access to people and places they never interaction, privacy, politics, conflict, and how we as had access to before. One could fill a book with such facts humans see ourselves in the global context. And because about social media it has happened so quickly, no one has written the defini The proliferation of the mobile computer and other tive analysis of its rise or impact yet. such devices and the rapidity with which varying genera- The data on the rise of social media are stagger tions of said technology develop mean that the demand ing. For example, if Facebook were a country it would for such technology and more importantly meaningful be the fourth largest in the world. Three hundred mil content is growing exponentially. Connectivity, access lion distinct people a month log into Facebook. YouTube choice, and content are driving every group, subgroup has produced more video content in the last 6 months and individual to demand more and as such the power

Explanation / Answer

Social media especially internet is reaching faster nowadays compared to the other medias. The usage of internet is increasing day by day and it can easily induce revolutions, protests, interesting discussions, emergency evacuations management, knowledge sharing etc. The increase in information sharing is the key factor and hence it is a powerful force for economics.

2.  How has social media impacted politics and commerce over the last decade?

Social media has nothing to do with participating in protests or changes in political organisation but instead it accelerates the political movement or election campaign process faster than usual. The increase in buying goods and services, selling products was increased over the last decade because of the increased access to the media. The virtual shops are open in mobiles and the business is increased.

3. Do you think its role will change in the future? If so, how? If not, why not?

The role of social media will change in future. The increase in political, social and commercial areas because of media will tremendously change the growth economy of all the nations in the world. The life style changes everywhere and people can live a better quality life and they can see a transparency from the ruling governement. Unless until it is used as a proper tool for good ways, everything will be fine, on the other hand, if its is used for wrong ways it has its effects as well.

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