Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Analysis of the Impact of Social Media on the Economy

Authors
Zheyu Cui1, a
1Finance, Rutgers University Business School, New Brunswick, 08901, NJ, USA.
a*Corresponding author. Email: zc209@scarletmail.rutgers.edu
Corresponding Author
Zheyu Cui
Available Online 15 December 2021.
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.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.500How to use a DOI?
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.

Cite this article

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  -