Facebook is the largest growing social network of the modern-day world. With new users signing up almost every day or even every hour, Facebook has its positive and negative effects to the stock market, as well as the economic conditions of America as a whole, which are changing day by day.
Benefits of Facebook:
- It is quite famous, more than you can ever imagine:
Facebook has a tremendous size which can never ever be underestimated. The global internet population with a legal access to Facebook is up to 3.3 billion! Nothing can beat the growing numbers in population when it comes to the active usage of Facebook. People also somehow connect to Facebook indirectly through the phenomena of “family of apps”.
The socially active internet users are also well familiar with other socializing apps like WhatsApp, Messenger, and Instagram. So, the developed chain of social apps is remarkably favorable to Facebook. The entire Facebook family possesses the worldly strength to turn the whole world upside down. This is literally beyond your imaginative level!
- It has given a new proclaimed identity to the internet:
Undoubtedly, it can be declared with sheer faith that Facebook has become irreplaceable. In the growing digital world, Facebook can in fact be regarded as your digital ID. You do come across many apps like tinder, Uber, Paypal, Linkedin and many other more that gives you the option to login from Facebook.
Ever wondered why? Because everyone has Facebook and it immediately creates a sense of security among people. To be honest, the internet without Facebook is almost impossible, as for now and the future.
- A greatest financial weapon:
The commendable size of Facebook allows advertisements to reach people and make an impact successfully. Facebook gives you a handy platform to exhibit your product with tentative marketing strategies. Facebook is not just for staying in touch, you can easily bang your business with the right usage!
How Facebook is Affecting Economic Conditions in America?
America’s economy is very much reliant on big tech companies like Amazon, Facebook, AT&T etc. Therefore, Facebook serves as a platform for all companies to get a foothold in the market, by which they can advertise, sell and provide jobs to their clients without any barriers.
Facebook also has linked platforms such as Youtube, LinkedIn, through which revenue generation has become incredibly easier through internet traffic.
The more views a Facebook post or even a Youtube video gets, the more revenue is generated for the economy, hence implying that having a career as a social media publisher or verification web isn’t a bad option nowadays.
In a nutshell, Facebook can seriously make some major blowups on the economy of any country just like it has grasp America into its wide grip.
With its amazing features, Facebook promises with its exceptional performance to carry on serving its users and clients for the sake of achieving an improved economy and well-functioning society…
Author Bio: Usman Raza is the co-founder of Christian Marketing Experts and marketing strategist working with various brands online, and the content marketing manager of PSD to WordPress and a packaging design company. He has been writing for magazines and newspapers since 2001, and editing and managing websites since 2006. Usman has a BA in Business Development, Philosophy, and English. Follow him on Twitter @usmanintrotech.