Introduction to Goegraphy Respond with your ideas regarding the following questi

Question

Introduction to Goegraphy

Respond with your ideas regarding the following questions:

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?

Explanation / Answer

1) Social media is a powerfull tool for economic empowerment.It has gone beyond all geographical constraints to help dissiminate imformation to every class of people from the rich to those who reside at the bottom level of the economy.It helps people to connect to their friends and family through popular sites such as facebook,twitter etc ,helps to market one's product at minimum cost ( like the Youtube channel) and also in a way leads to increase in the income level.The above relationship also can be seen as a cycle:More income leads to more usage of social media which again leads to more income.This observation is especially true for cities.

2) From a political perspective Social media has made the government more accessible and accountable to the public.It is their direct connection with the voters and enables a two way communication between the two.It has made a huge transformation in the campaign styles of different candidates with each having their own website during the election procedure.The most important feature of the media lies in its immediecy and is an easy way used by politicians to advertise themselves and also for raising fund. In the past decade Governments of countries such as that of India have used it effectively to propagate important ideas such as Swacch Bharat Abhiyan or Stop wastage of food through radio and television shows.

In case of Commerce, Social media has revolutionised this fields.People get products at just a click of a button.With the growth of the social media and increasing access to internet it has become a medium for banking,shopping,marketing,advertisement etc.The last decade has shown a tremendous growth in online market places like Amazon,Flipkart, Snapdeal, BookmyShow providing people a range of brands,prices, colour along with proper reviews enabling them to buy the product of their specific choices all from from the same medium without travelling from one shop to another as was the case earlier.It has increased brand recognition and hepled in building brand loyalty.This has in a way increased the purchasing power capacity of the whole economy at large.

3) I think yes its role will change in away that it would not only slowly become every person's part of the life but in a way will also engulf them. Although Social media is a true boon for our society but it should be used wisely;Overuse of the media can be disastrous.For example, already in today's worls Kids prefer to play online games instead of outdoor games which has a very negetive effect on the physical health.Credit card debt is also one of the serious impact of social media.Thus increasing access to the social media in the future will lead to a world which will make our world look a like science fiction like Wall E.

Not all economies are impacted by social media.Social media is more prominant in developed countries and its influence decreases as we go down the ladder of development. In less developed countries, social media can be used to propagate some message such as outbreak of disease etc, but it does not impact the people as such there.Thus social media only helps those who have the means top have it and have access to it.

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