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Is Facebook An Asset To Society  Term Paper

¶ … Asset to Society? In February 2014, Facebook will be celebrating ten years of having connected people worldwide. By then, it is expected that the number of users benefiting from its system would increase beyond today's point of over 1.15 billion. Of this number, quite a substantial percentage is occupied by profiles belonging to companies, public figures, representatives, etc. To put it otherwise, Facebook seems to have become the engine to which most individuals relate to one way or another. While it is often referred to as a social network, the service does not actually provide the continuity that socializing, in its intrinsic terminology, attains. However, certain features do become helpful tools in providing relevant information and bringing people together for a specific purpose. For example, an organization fighting to raise awareness in regards to a specific cause, like cancer, can increase its odds of achieving success by using the hashtag technique to link together topical posts. Likewise, Facebook can serve as a powerful instrument for educational support for anyone interested, from students,...

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The flow of information on this specific social network is likely to keep people updated more so than they would be otherwise using other sources. This is to say that Facebook has gone beyond its initial step of easing communication between friends, family, and strangers separated by distance and has become an influent economical factor. It was noted in 2012 that, for Europe, a €15.3 billion value had been added to the economy due to Facebook supporting employment, advertising, business markets, etc. (Allan, Facebook Brussels) Thus, what this particular social network has managed to achieve is not an economy in itself but rather has worked to make the rest of the economy more productive. But it does not stop there. Politicians use Facebook as means to create and nurture a bonding relationship with supporters while they can also advertise any of their initiatives. In fact, the network has influenced politics in the past and is working on new developments to extend its influence by creating such apps as "MyVote" and ?I'm Voting, ? each with affiliated partnerships. Thus, politics becomes…

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Allan, Richard. Measuring Facebook's Economic Impact in Europe. Facebook Brussels, 24 Jan. 2012. Web. 29 August 2013.

ConsumerReports.org. Facebook and Your Privacy: Who Sees the Data You Share on the Biggest Social Network. Consumer Reports, June 2012. Web. 29 August 2013.
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