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

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.

Mark Owen Lombardi, Maryille University ISSUE Is Social Media Becoming the Most Powerful Force in Global Politics? 11, 2009) NO: Malcolm Gladwell, from "Small Change: Why the Revolution Will Not Be Tweeted," The New Yorker (October 4, 2010) Learning outcomes After reading this issue, you should be able to: Understand what social media isin 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 ISSUES 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 nor does he believe that when they do they will be successful. A host of other factors are just as if not more important. than 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 in the 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 at a rate unheard of on every subject, movement, and philosophy. And in 5 just 5 years before. It is safe to argue that social media short years there will be over 5 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 of rise or such devices and the rapidity with which varying The 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

1.It stands to reason that the adoption of the use of social media at the city level would rise alongside local incomes and the overall level of economic development. And that is what we find. Social media is associated with both economic output and income. Social media use is also associated with higher levels of human capital, measured as the share of adults with a bachelor's degree or more education

2. social media in political campaigns has increased tremendously over the years in comparison to other methods.The impact of social media on politics was most felt in 2008 Obama campaign, where sharing brought in the views and opinions of different people to one place and thus served to either strengthen or weaken voter opinion.

This trend is also evident in the 2016 USA presidential campaigns where candidates have been promoting their agenda and battling each other through tweets, Facebook shares, streaming on periscope, instagramming, among others.Political gaffes have become something for everyone to feast on, thanks to presidential aspirants sharing and resharing everything their opponents say on or off the campaign trail. Not only has this been entertaining, but candidates who’ve mastered the flair of sharing issues while they are still hot have done better in the polls than their counterparts.

This new trend means that politicians without an active social media presence will find it increasingly difficult to wow the electorate now and in future campaigns

3.in future it may increase more and more. It still plays major role in promoting things, advertising, political and commerce, education what not everything.

I feel facebook as powerful one. Posting all updates, sharing different kind of videos and stuff which can be visible. Its better for its vast visibility and usage. But i dont use facebook as i dont like it personally. I use wA because i can speak only to those whom i want and no headaches.

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