Analysis of the Impact of Social Media on the Economy

DOI

10.2991/assehr.k.211209.500How to use a DOI?

Keywords

Economic Growth; TikTok; Social Media; Online market

Abstract

The article is an analysis of the impact of social media on the economy, and mostly how it helps the economy to grow. This article uses theory and data to demonstrate and analyze, and uses TikTok as an example to conduct research. The purpose of the essay is to demonstrate how social media can affect the economy in different ways geographically with the help of algorism, and how algorithms work effectively with social media. The author found that social media has increased opportunities for long-distance business and may increase domestic GDP levels. Social media opens up a new way of living and doing business, and it will continue to develop in the future.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Zheyu Cui
PY  - 2021
DA  - 2021/12/15
TI  - Analysis of the Impact of Social Media on the Economy
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 3062
EP  - 3066
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.500
DO  - 10.2991/assehr.k.211209.500
ID  - Cui2021
ER  -