The Effects of Social Media in Todays Society Research Paper

The Effects of Social Media in Todays Society - Research Paper Example It has been observed that social networking sites like Facebook and Orkut leads to time wastage but its benefits cannot be completely ignored. This research paper aims to measure the positive and negative effects of social media on society. Social media is accessible to anyone who has a simple internet connection at home, office or anywhere to his or her entourage. It is reachable to people from all walks of life, from students to business professionals. Websites like MySpace and Bebo helps to connect friends and family by bringing them under a single platform. Similarly, social networking sites like eBay brings buyers and sellers to exchange commodities between them. In short, social media brings B2B (business to business), B2C (business to consumers) and C2C (consumers to consumers) to interact; share information or files and trade all under a single platform (Hendricks, 2012). Social media influences our life and daily routine in great many ways depending how we utilize these networking tools. Time is of essence and this is what it helps to save. People find it much easier to go online and read articles and electronic books rather than newspapers or books that are physical in nature. In this fast moving world, people have adopted to the technological development made especially in the last decade. There has been a huge decline in book readings as people have turned to social media to meet their reading needs. Social media is changing the social habit of people. Though eBooks saves time, they cause massive exertion and fatigue (Coupland, 2012, p. 103). People find it much easier to shop online than to physically go to shops and malls to make purchases. Social media is changing the way people shop nowadays. Products can be ordered with just a single click and can be delivered right at the doorsteps. Such facilities have made life very convenient for people. However there are major drawbacks of shopping online. People

The current economic situation will force every one to consider Essay

The current economic situation will force every one to consider carefully how money is spent - Essay Example Americans, when they are in need of money for making a house or for purchasing a car, will usually approach the banks other financial institutions for loans. The banks have a habit of sanctioning loans without proper enquiries about the financial assets of the person who approached them. Thus the American public got money from financial sources without any barrier whenever they are in need and that resulted in too much spending compared to saving. The current economic situation will force everyone to consider carefully how money is spent. This paper briefly explains the changes in money spending habits caused by the current financial crisis or economic recession. â€Å"A staggering 87% of American families have rethought their eating habits and the food they buy in order to reduce costs. 40% of Americans report they have had to cut back on the amount of food or groceries they purchase in the wake of today’s economic crisis.   Family income is a big factor.   Nearly half — 49% — of those whose annual household income is less than $50,000 say they’ve slashed spending on food in order to make ends meet compared with 28% who earn more†1. The above statistics clearly show how severe the current economic problem is. Americans, who spend lavishly for food items and their eating, forced to cut down their spending on these commodities because of the current crisis. Many people has lost their jobs and many others under the threat of losing their employment which forced them to reduce their family spending on eating items. Earlier line buses were simply a fashion for the American people. Most of the people used their own vehicles for their traveling needs. But at present the line buses are running full and people started to use the line buses more frequently to cut down their expenses in order to escape from the current financial crisis. ‘The Impact of the Financial Crisis in Public Transportation is so severe that the nationwide