Sunday, June 12, 2016
Impact of New Media on Economy
New media has become an integrated part of our life. Every day we chat with friends and watch TV using a mobile phone or tablet. New media has the formidable propagate function. It has quickly penetrated into our aspect of our life and therefore, the economy is one of the focal point.
New media makes our life more convenient and automation. People can access all news, information, shopping, and order meals while stay home. New media makes modern economy turn into a "free-running" economy. New media also helped our society create more job opportunities due to change of marketing modes such as interactive market，Word-of-mouth Communication, Knowledge Marketing, and event marketing. Of course, this is just the tip of the iceberg, new media also have a huge impact on investors' economy activities and reduce the cost of business.
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I think that your topic of now new media has had such an impact on the economy is very interesting and something that I highly agree with as well. Ever since the invention of new technologies we have seen job creation in different fields and new sectors have opened up. We have also witnessed new efficient methods that have increased human productivity and opened up new opportunities.
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