Essays For Exams

SOCIAL MEDIA – PROS AND CONS Social media is a computer based technology that facilitates the sharing of ideas, thoughts and information through the building of virtual networks and communities. In simple words, social media is a form of electronic communication through which users create online communities to share information, ideas, personal messages and other content (such as videos). Some of the most popular social media websites include Facebook, YouTube, WeChat, Twitter, Tumblr, LinkedIn, SnapChat, Pinterest, Reddit and many more. Before social media, the ways in which we connected and how many people we reached were limited. We depended on phone calls and face-to-face interactions to strengthen our relationships. On the upside, the latest technology provides endless ways to connect both local and long distance relationships. Basically, people use social media for 9 reasons. They are – to stay in touch with what friends are doing; to stay up-to-date with news ...

DIGITAL ECONOMY – PROS AND CONS An economy is the large set of inter related production and consumption activities that aid in determining how scarce resources are allocated. The production and consumption of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system. An economy applies to everyone from individuals to entities such as corporations and governments. Over the past decade there have been significant changes in how people and business connect. Building on the popularity of social networks, enterprises have established their own business networks to connect suppliers, customers and internal systems. With the expansion of connectivity, infrastructure, network-effects, falling computing and sensor costs, open software architectures and the deregulation of digital, markets are accelerating the adoption and use of digital technologies and enabling the emergence of a whole new ge...